Quote Originally Posted by grantzer View Post
Sorry, missed this..... I am going to use an example here, corporation tax is not really my thing,so if I pick an example which is wrong,it's the concept I am backing,not the particular example I use.....

The head office of macdonalds is where? Are they exempt from corporation tax in every other country in the world and only pay it where they have a head office?

The Barnett formula is your goto when you realise you are losing any argument,but let's see if we can sort out a replacement for it now. This will be pretty simple stuff,you should be able to follow it.

Taxation works like this,pretty much everywhere.

Government taxes people,or things. It collects x amount of money. It works out what it needs to run itself,then uses the rest as its pocket money.

The UK government does this( if we exclude the huge amount it borrows).

It does it with Scotland too,using the money from Scotland the same way it uses all its money.

So,Scotland raises x amount, the UK collects that,then the government takes off what it needs to pay for itself. What is left is spending money.

The UK needs some of that,for infrastructure,pensions,army,anything that is shared by each country in the UK,then sends the rest back to Scotland as the barnett formula.

Independence. This means we are a separate nation. We collect taxes the same way, don't send it to the UK, we just keep it here.

Now that sum of money has the amount of £0 going to pay for the UK government. Previously that amount would be more than that.

This would mean Scotland gets more money than now.

Obviously it would have it's own costs for infrastructure and so on,but as we are already paying our share as part of the UK, this amount should be roughly the same.

So if we use the figure of £100 just to keep it simple, £20 currently goes to pay for the UK government, £30 on costs, Scotland gets £50 back. Independent Scotland starts with £100,pays £30 in costs,keeps £70.

£70 is MORE than £50.

Now before anyone jumps down my throat,this is for Islay,so I kept it nice and simple.

And my views on independence have never changed, I don't care either way if it happens or not
You're going on the presumption that Scotland doesn't get more out than it puts in.