Salmond "We can take Scotland in two weeks"

[Churchill]

Always assuming those on higher salaries do not take 100% of their skills south of the border of course.

Have you not heard?

Salmond is going to change Scotland into the land of milk and honey overnight!

Come me bhoys shake of the tyrannical English yoke!

[scooterscot]

A terrible thing happened this morning. George Galloway was on TV and said something - and I actually f#&%$ agreed with him

He said that when Salmond dropped corp tax - his economic silver bullet - rUK would basically track them down - and however far Salmond went down - rUK would follow - they would have to - to prevent business leaking North.
.

So tax policy in England would be dictated by Scotland. England would have far more to loose. Not to mention a larger economy would be unable to move as quickly as a smaller one.

[Zero Liability]

Do you have some evidence for that or are you just floating it?

House prices were supposed to crash across the UK in 2008. We're still waiting.

Considering how much the government has done to prop them up, it's no surprise they've not fallen. The issue is more that central banks cannot do this indefinitely. It is channelling wealth into a market which is effectively a case of "keeping up with the Jones" and highly sensitive to even small increases in interest rates. So they may well fall in the future.

Net result would be a race to the bottom - big business would love it - rUK and Scotland would both be worse off, but Scotland probably worse as rUK could probably absorb the hit in the short term - and Salmond's silver bullet will turn out to be a blank.

Their governments would be worse off in that less wealth would flow to them. That isn't necessarily a bad thing...

[scooterscot]

Always assuming those on higher salaries do not take 100% of their skills south of the border of course.

Good grief, is there anyone left in the UK with 'skills'? That exodus is long underway.

Scotland needs enact policy that'll target those from poorer backgrounds, making a skilled workforce with belief. And no reliance on immigrants.

[shaunbhoy]

Not to mention a larger economy would be unable to move as quickly as a smaller one.

The alteration to tax policy will be far easier to expedite in an established government rather than on Wee Eck's ship of fools.

[BrilloPad]

So tax policy in England would be dictated by Scotland. England would have far more to loose. Not to mention a larger economy would be unable to move as quickly as a smaller one.

That has really held back the USA hasn't it?

[centurian]

So tax policy in England would be dictated by Scotland. England would have far more to loose. Not to mention a larger economy would be unable to move as quickly as a smaller one.

That particular piece of tax policy can be adjusted in rUK faster than Salmond can say "Free Scotland".

Also a larger economy can move quicker, because the policy change can be better cushioned by the size of the economy.

Can Salmond afford to drop it by another 3% - after rUK has tracked him down once - where will the money come from ???

[minestrone]

Good grief, is there anyone left in the UK with 'skills'? That exodus is long underway.

Scotland needs enact policy that'll target those from poorer backgrounds, making a skilled workforce with belief. And no reliance on immigrants.

The SNP cut 130,000 college places to pay for free tuition fees.

As a result we have less people from working class backgrounds going to uni than England.

[scooterscot]

That has really held back the USA hasn't it?

I'd hate to be a citizen of that country. No matter where you reside you liable to pay taxes to them.

[scooterscot]

That particular piece of tax policy can be adjusted in rUK faster than Salmond can say "Free Scotland".

Also a larger economy can move quicker, because the policy change can be better cushioned by the size of the economy.

Can Salmond afford to drop it by another 3% - after rUK has tracked him down once - where will the money come from ???

He could drop VAT on days with odd numbers in them. That'd be a laugh.