financial autonomy Archives - IREF Europe https://en.irefeurope.org/tag/financial-autonomy/ Independent research and policy analysis on fiscal, monetary, and regulatory issues in Europe Mon, 13 Dec 2010 17:35:28 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://en.irefeurope.org/wp-content/uploads/sites/3/2026/04/IREF-LinkedIn-Profile-DarkBlue-scaled.png financial autonomy Archives - IREF Europe https://en.irefeurope.org/tag/financial-autonomy/ 32 32 Will Scottish Government Grasp its Chance for Financial Autonomy? https://en.irefeurope.org/news/article/will-scottish-government-grasp-its-chance-for-financial-autonomy/?utm_source=rss&utm_medium=rss&utm_campaign=will-scottish-government-grasp-its-chance-for-financial-autonomy https://en.irefeurope.org/news/article/will-scottish-government-grasp-its-chance-for-financial-autonomy/#respond Mon, 13 Dec 2010 17:35:28 +0000 https://en.irefeurope.org/publications/other-publications/news/will-scottish-government-grasp-its-chance-for-financial-autonomy/ While some states, departments and cantons around the world are struggling for more fiscal autonomy, the Scottish government is hesitating to grasp at the opportunity offered by the UK government. The proposal of the new Scotland bill is to allow the Scottish government to increase or cut income tax rates by up to 50% for basic rate taxpayers, and by 20% at the highest rate. In exchange, the central government in Westminster plans to cut a part of its transfers to Scotland. It makes sense, since “autonomy” usually goes with “responsibility”.

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