Will the (Scottish) Budget raise income tax rates?

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Tax and Welfare

With the UK Budget imminent, it’s important not to forget proposals released in Scotland earlier this month. These could lead to increases in income tax rates as soon as April, intended to protect public services and benefits in Scotland. This would be a departure from the usual direction of travel in the UK: there has … Continued

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A tale of two Scottish economies

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Incomes and Inequality

Imagine two economies. One has just announced strong economic growth, well ahead of the UK. Over time it’s become more productive relative to the UK and unemployment is as low as it’s been for decades. Then imagine another, in which GDP fell two quarters ago sparking fears of recession. In contrast to record employment across … Continued

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The living standards challenge facing the next Scottish government

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Incomes and Inequality

The living standards challenge facing the next Scottish government This morning’s labour market statistics marked a milestone for Scotland: its employment rate has overtaken its pre-recession level, rising to 74.9 per cent. This is a welcome landmark in the recovery. But coming as it does, 15 months after England closed its ‘jobs gap’, also highlights … Continued

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