SCOTTISH business leaders have sent proud Alex Samond homewards to think again on the so-called local* income tax (LIT).
“The wrong tax at the wrong time,” is how Norman Quirk of the Scottish Chambers of Commerce described this particular tartan tax. It is “a tax on labour at a time when government should be pulling all the levers to ensure that the economy is running at full throttle.”
Having failed to implement so much of their 2007 manifesto, LIT is an important battle for the SNP government; if they manage to implement it, and push Scots’ income tax up to three per cent more than what everyone else in the country is paying, we would lose jobs and inward investment. Then Alex and co. will turn round and blame England. Genius.
* “local” as in “not local – national”