
Having your own currency – managing the money supply, taxation and debt – are vital for any Sovereign state. Scotland will be no different when it regains independence. Its unlikely that Scotland will follow the failed neo-liberal montary model of the UK. Instead it is likely to adopt something similar to other modern democracies, and base its monetary system on Modern Monetary Theory thinking. But how do you address basic issues like inequality, and investing in infrastructure and public services to stimulate growth?
Latest
What if all cars were the same price as a Rolls Royce?
What if all cars were the same price as a Rolls Royce? That’s what the UK Government does with energy bills. People in Scotland pay the price of the most expensive energy source, even though Scotland’s own energy from renewables…
Why do students pay so much more in England?
Scotland is one of the best educated nations in Europe. This doesn’t happen by accident, or overnight. For many years Scottish Governments have prioritised investment in education, and have continued…
Scottish water is cleaner, cheaper – and costs less
Scottish water is cleaner, cheaper – and costs less. This is because it is owned by Scotland, and not by a private company.
Council Tax is lower in Scotland
However you view it, Council Tax is lower in Scotland than England.
Scotland’s tax is progressive
Scotland’s personal tax is progressive, and quite low when you compare it with France – or many other European countries.