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A yes vote would mean the Scottish government would have control of taxation and be responsible for welfare benefits, however there would be a lengthy transition period with potential for problems (see the introduction of universal credit).
The English may also be credited with the glory of the Revolution of 1688, which affirmed the rule of law, parliamentary control of taxation and of the army, freedom of speech, and religious toleration.
But a MORI poll last year showed that over 70% of Britons believed that if joining the euro involved passing control of taxation to "Brussels", it would be unacceptable.So what can the Blairites do?
Under close questioning from the Scottish Labour leader on the SNP's position on full fiscal autonomy – giving Scotland complete control of taxation and spending – Sturgeon revealed that she wanted it "as quickly as the other parties agree to give it" and that SNP MPs would vote for it in the next Westminster parliament.
A drawback is that setting tax rates is an important tool for any government anxious to influence economic activity; nationalists argue that Scotland needs to have full control of taxation if its economic performance is to match that of, say, Ireland over the past decade.Switching to assigned revenues could rile the majority of Scots who don't favour independence, too.
In the second half of his reign, he removed control of taxation and finances from the estates altogether, thereby laying the groundwork for the powerful bureaucracy of later Prussian absolutism, with its standing army, fixed taxes, and an officialdom dependent on the sovereign alone.
Similar(52)
Whatever it is called, the precise meaning is disputed but it is usually taken to describe Scotland having control of all taxation raised north of the border, including revenue from oil in its territorial waters.
Labour leader Ed Miliband said on Friday that the SNP's support for Scotland having full control of all taxation left "black hole" in its finances.
The immediate constitutional goal is now for Scotland to gain control of all taxation, including North Sea revenues, loosening the ties that bind the United Kingdom together.
What it means is that Holyrood would have control over all of taxation in Scotland.
The SNP wants the Scottish Parliament to have control over all of taxation in Scotland.
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