Expert group Resolution Foundation confirms Labour’s tax plans are fair

 

An expert group has confirmed that Labour’s plans to set the Scottish rate of income tax 1 penny higher than George Osborne’s rate is fair.

Resolution Foundation analysis published today shows that the highest 10th of earners would pay an extra 1.3% of their income, or at least £1,000.

Middle-earning households would pay an extra 0.4% of their income. Kezia highlighted the figures on a visit to a nursery in Glasgow.

She said that the planned cuts in the Scottish budget would mean a £10.5 million cut to the SNP Government’s childcare pledge and a 57% cut to the budgets to build new nurseries.

Earlier this week the SNP and Tories voted against Labour’s plans to set the Scottish Rate of Income Tax 1 penny higher than the rate set by George Osborne at the first reading of the Budget.

Labour have said they will now approach individual MSPs and continue to make the case for using the powers of the Scottish Parliament.

Kezia said: “Experts are lining up to confirm that Labour’s choice is fair.

“The SNP budget will mean huge cuts to schools and local services, and it will short change families across Scotland.

“Investing in childcare isn’t a social policy – it’s a key economic policy for the next decade.

“Childcare is a huge cost for families across the country, but cutting the budgets to deliver more flexible and accessible childcare is not going to help anyone.

“Faced with that choice between cuts that will short-change families or using the powers of the Scottish parliament I would use the powers of the Scottish Parliament.

“With a Scottish rate of income tax 1 penny higher than the rate George Osborne set we can make a fairer choice to stop cuts to vital services and invest in our country’s future.”