onsdag 6 februari 2008

Scottish budget and economic ignorance



Amongst the measures in the Scottish budget is one to cut the business rate.

This demonstrates economic ignorance of a high order. All that will happen is that business will find their rents going up at the next rent review. It is just a way of giving taxpayers' money away to business landlords. One assumes that is not intentional but you never know.

kl.

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