reply to post by Thebudweiserstuntman
And I'll leave this here:
Total tax receipts for Scotland 2007/08: £34 Billion (8.2% UK total)
North Sea Oil revenue for 2007/08: £7 Billion (6.2% Total Scottish GDP)
Total Expenditure 2007/08: £45.3 Billion (10% UK total)
Further Borrowing by Scottish Government in 2007/08: £11.2 Billion (12.9% GDP)
Source - Scottish "Government"
The maths of an oil rich, independent Scotland doesn't add up, does it?
You're still a few Billion shy of breaking even and the above expenditure figures including a sizeable sum from the UK Government (taxpayers) that is
above and beyond any oil revenue generated.
(EDIT: In case your not very mathmatical, Scotland gets £11.3 Billion from the Uk Government, whereas the oil generate only £7 billion)
Take out the UK taxpayer money from Scotland and you have an instant, large budget deficit and already large amounts of debt. Add onto that you're
own responsibilities for defence and other costs incurred by Sovereign nations and you'll have to get rid of your free prescriptions, your free Uni,
your free parking and the frozen council taxes.
Suddenly the reality of an independent Scotland looks a bit dire, doesn't it? Notice that now, with the economic downturn, many Scots (according to
polls) are now turning away from the idea as they realise that the money from central UK Government is actually a blessing.
Oh and how the hell can you claim that Scotland has 25% of Europes wind generating capacity? That's such a made up figure! You cannot quantify wind,
it is totally variable and the generating capacity rests solely on how many turbines you put up. Or are you claiming that Scotland has 25% of Europes
wind?
[edit on 17/1/09 by stumason]