We store cookies on your device to make sure we give you the best experience on this website. I'm fine with this - Turn cookies off
Switch to an accessible version of this website which is easier to read. (requires cookies)

Hospitals, schools and families to beat the brunt of SNP's reckless corporation tax policy - Rennie

July 13, 2011 12:12 PM
Originally published by Scottish Liberal Democrats

A paper published today by HM Treasury estimates that cutting Corporation Tax in Scotland to the same rate as Ireland would remove an estimated £2.6bn from the Scottish budget in a single year.

Commenting Scottish Liberal Democrat leader Willie Rennie MSP said:
"The SNP want to reward some of the most profitable companies in Scotland with a huge tax windfall as a result of their Corporation Tax policy, meaning Scotland's hospitals, schools and hard pressed families will be left to bear the brunt as the SNP blows a £2.6 billion hole in Scotland's finances.

"The SNP claim to be creating a fairer Scotland. But it's a strange sort of fairness when it is their big donors like Stagecoach boss Brian Souter that receive a multi-million pound pay back while ordinary Scots are finding it difficult to make ends meet and education and health services are being slashed across Scotland.

"This is the gory truth about the SNP's plans to separate Scotland from the rest of the UK. Big business and big energy companies' benefit while ordinary people are left behind."