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Proceeding contribution from Stewart Hosie (Scottish National Party) in the House of Commons on Thursday, 27 January 2011. It occurred during Debate on bill on Scotland Bill.


Scotland Bill

The right hon. Gentleman is simply wrong about this matter. Although the Scottish Government will control 15% of the taxes raised in Scotland, if GDP rises and the tax take rises, the rise in the income tax take will be lower than the average. That will have a deflationary effect on the Scottish budget and will not allow the Scottish Government to benefit in the way that he describes.


Secondary information

Type
Proceeding contribution
Reference
522 c499 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Accountability Administration of justice Devolution Capital investment Borrowing Aggregates levy Crown Estate Health services Elections Expenditure Income tax Landfill tax Powers Public finance Scotland Scottish Parliament Taxation Taxpayers Stamp duty land tax Operating costs Reserves Scottish Devolution Commission
Legislation
Scotland Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk