łÉČËżěĘÖ

Skip to main content
Loading…

Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

Filter your results Hide all filters

Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 5 May 2021
  6. Current session: 12 May 2021 to 29 June 2025
Select which types of business to include


Select level of detail in results

Displaying 3510 contributions

|

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Phil, can you answer Michael Marra’s specific question? He was concerned about how an increase in taxes was going to enable us to—

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Professor Bell, you have been very patient, and I know that JoĂŁo Sousa wants to come back in. I also want to be able to give my colleagues an opportunity to ask questions. However, I am a bit miffed that I have asked only three or four of the 25 questions that I had written down to ask.

In your submission, Professor Bell, you mention the following:

“the outlook remains difficult, with funding for day-to-day non-benefit spending set to be almost 2% lower in 2027-28 than in 2022-23. This is despite forecasts for a significant increase in net revenues from Scotland’s devolved income tax revenues over the next few years: if this did not materialise, the reduction could be closer to 5% over the same period.”

Will you talk about that? We have already talked about tax, but how do you feel the Scottish Government could adjust its taxation policies to be more “strategic”, as Professor Heald put it?

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

That loss aversion makes Governments nervous about making radical change.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

I am tempted to come back in, but I will call John Mason, to be followed by Michael Marra.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Yes, I do think that this goes back to loss aversion, to be perfectly honest. Whatever the Scottish Government would do on that would be attacked from all sides. Indeed, our predecessors—and the Government south of the border—have not exactly run to change it.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Of course it is. I think that we have already said that.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

I think that the issue is the Government’s survivability if it were to implement this across the board, given the ferocious onslaught that would come from all sides. That is just the political reality. In my view, the economic reality is different from the political reality. I think that we would all agree with the economic reality.

David, my last question is on transparency with regard to mitigations. The Scottish Government mitigates a lot of UK taxes; in fact, some of the witnesses who will follow this session are suggesting yet more areas where the UK Government has reduced expenditure or where more expenditure should be given. What do you think that we should do to make the mitigations more transparent?

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

I am sorry—I said “David”, and you are both called David. I forgot—apologies. There is a plethora of Davids in the economics world.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Okay.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

I think that some of the witnesses in the next panel will touch on that.

João—we started with you and we will finish with you.