Just a thought with the discussion of Northern Ireland potientially getting the option of choosing its Corporation tax rate, should all regional assemblies get full tax varying powers to fund their own governments?
Personally I think not at the moment the way the UK economy is it would be a disaster but its something to think about in the future! I do think that Northern Ireland should get the option of choosing their own Corporation Tax rate as the Republics is 12.5%.
Should the devolved administration get full finanical powers over their own affairs? Watch
- Thread Starter
- 11-04-2011 23:21
- Political Ambassador
- 11-04-2011 23:43
I am not sure about this one. Could be a good idea or a complete utter disaster. I mean surely Scotland and other devolved administration's rely on money from Westminster rather than their own tax so surely we would just get populist politicians like Salmond setting stupidly low tax rates?
- 12-04-2011 03:23
Go for it, I want to see how long they last before they come crawling back for Westminster money...that or watch as they overtax that much they force business over the border.
Salmond would be finished if it was carried out.