Summary:
The Institute of Fiscal Studies (IFS) claims that tax revenues from the rest of the UK are “transferred” to Scotland. This is followed by claims from Unionist groups such as These Islands and Scotland in Union that the Scottish economy is subsidised by taxpayers from the rest of the UK. Thus, without taxpayers from the rest of the UK, an independent Scotland would need to implement both austerity and high taxes.Modern Money Scotland specialises in the economics of monetarily sovereign countries, and we can categorically say that this claim from the IFS and wider Unionist groups is wrong....The National Do English taxpayers subsidise Scotland? Here's how it really worksCameron Archibald, Modern Money Scotland
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The Institute of Fiscal Studies (IFS) claims that tax revenues from the rest of the UK are “transferred” to Scotland. This is followed by claims from Unionist groups such as These Islands and Scotland in Union that the Scottish economy is subsidised by taxpayers from the rest of the UK. Thus, without taxpayers from the rest of the UK, an independent Scotland would need to implement both austerity and high taxes.Modern Money Scotland specialises in the economics of monetarily sovereign countries, and we can categorically say that this claim from the IFS and wider Unionist groups is wrong....The National Do English taxpayers subsidise Scotland? Here's how it really worksCameron Archibald, Modern Money Scotland
Topics:
Mike Norman considers the following as important:
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The Institute of Fiscal Studies (IFS) claims that tax revenues from the rest of the UK are “transferred” to Scotland. This is followed by claims from Unionist groups such as These Islands and Scotland in Union that the Scottish economy is subsidised by taxpayers from the rest of the UK. Thus, without taxpayers from the rest of the UK, an independent Scotland would need to implement both austerity and high taxes.Modern Money Scotland specialises in the economics of monetarily sovereign countries, and we can categorically say that this claim from the IFS and wider Unionist groups is wrong....
The National
Do English taxpayers subsidise Scotland? Here's how it really works
Cameron Archibald, Modern Money Scotland
Cameron Archibald, Modern Money Scotland