Economists Urge Scotland to Vote No......

Generali

HAMISH_MCTAVISH wrote: »

Consumers pay for all the taxes levelled on corporations through the price of their goods and services.....

If you drive up the costs to companies, then the price of everything we pay for will rise. Tax is a cost to companies. There is no such thing as a 'free lunch'.

But companies can't simply pass on all extra costs to consumers as they have to consider their competitive environment.

http://www.economicshelp.org/blog/794/economics/effect-of-tax-depending-on-elasticity/

Generally speaking, an increase in tax on a company will increase price a little and decrease profits a little.

The fall in profits will cause a reduction in investment as returns on investment will shrink. That will then cause higher unemployment and lower GDP and Government tax revenues.

The economic theory is well backed up with empirical evidence AIUI.

ruggedtoast

The 45% are getting roasted over on their Facebook page. Love the people with 55% avatars.

Fella

ruggedtoast wrote: »

The 45% are getting roasted over on their Facebook page. Love the people with 55% avatars.

Kind of ironic that the 45% were basically your generation & the 55% were basically "Boomers".

ruggedtoast

Fella wrote: »

Kind of ironic that the 45% were basically your generation & the 55% were basically "Boomers".

Yes, the boomers saved the day this time.

I_have_spoken

The drinkers in my boozer have split from The 45 to form -

18 September Revolutionary Organisation
The Ned Brigade
League of Bampots
Paisley Non-Workers Party
Popular Front for the Liberation of Motherwell
Women's Army of Airdrie
International Secessionist Youth Battalion

ruggedtoast

I_have_spoken wrote: »

The drinker in my boozer have split from The 45 to form -

18 September Revolutionary Organisation
The Ned Brigade
League of Bampots
Paisley Non-Workers Party
Popular Front for the Liberation of Motherwell
Women's Army of Airdrie
International Secessionist Youth Battalion

Based on the disagreements already erupting on their Facebook page I should think there will be a few more soon enough too.

Generali

According to the Torygraph, Salmond has decided that the democratic will of the 45% shall not be thwarted and so Scotland should simply declare independence if the SNP win the next Holyrood elections.

hugoshavez

Not really. He has been making somewhat oblique references to the gradualist school of SNP thought in one or two interviews today though.

http://en.wikipedia.org/wiki/Fundamentalists_and_gradualists

Generali

The article is unequivocal:

http://www.telegraph.co.uk/news/uknews/scottish-independence/11111705/Alex-Salmond-says-No-voters-were-tricked.html

hugoshavez

Generali wrote: »

The article is unequivocal:

http://www.telegraph.co.uk/news/uknews/scottish-independence/11111705/Alex-Salmond-says-No-voters-were-tricked.html

From the article:

Mr Salmond said a referendum was the “best route” to independence but others were available including getting more and more powers for the Scottish Parliament “until you have a situation where you’re independence in all but name.”
“Then, presumably, you declare yourself to be independent. Many countries have proceeded through that route,” he said.

Nothing to do with the next Scottish Parliament election. This is gradualism.

Presuming some powers end up getting transferred over this and the next UK parliament cycle, then another round over the next couple of parliaments, all leading towards a devo-max situation, from which it's a short hop, skip and a jump to independence.

The question of the next Scottish Parliament declaring itself sovereign was (sort of) raised by the 76 year old Jim Sillars, who only came out of retirement to have some fun during the referendum, and is now enjoying winding people up on twitter.

It's not bad for a chuckle.

https://twitter.com/NaeFear