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by matthewmacleod 4562 days ago
Scotland receives money from the UK government in the form of a block grant. Scottish companies and residents also pay taxes to the UK government. At this point in time, Scotland contributes more in taxes than it receives through the block grant.
1 comments
bencollier49 4562 days ago
Incorrect, or at least misleading, depending on your terms of reference.

Fact check: http://www.bbc.co.uk/news/business-16477990

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matthewmacleod 4561 days ago
No, it's not. From your linked article:

The basic facts are that Scotland accounts for 8.4% of the UK population, 8.3% of the UK's total output and 8.3% of the UK's non-oil tax revenues - but 9.2% of total UK public spending.

In other words, "if you ignore one of Scotland's major economic outputs."

link