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will scotland now secede?
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10-06-2011, 12:14 AM
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Tyncneiff
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Oct 2005
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Arent Scotland, Wales, and N.Ireland pretty independent as it is? Kinda like the US states.
I think that Scotland could do just fine on their own. Especially if Scotland is already financially sound enough to split away. They could easily absorb any cost impact of seceding. Scotland might get a lot of money from your Parliament or whatever, but then a lot of the taxes that are collected in Scotland goes to the general government. Once they secede that money stops going into the UKs government bank, and into Scotlands bank. Will help offset what is given to Scotland and I would not be surprised if it would be even more money through the taxes then what they are given from the government.
Some of the first things Scotland might do is actually lower some taxes to attract business and keep business in Scotland rather then setting up shop in England.
If Scotland would get any oil in their position whether it be platforms, oil/gas fields and pipelines, with the current price of Brent Crude they will do just fine even in the immediate short term and have a bright future a head of them with many surpluses, depending on how much oil they do get.
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