An alternative to the Barnett Formula
From our UK edition
Many thanks to Mike Denham - the author of a Taxpayers' Alliance report on the Barnett Formula, released today - for the following post... In the last week, the allocation of money between England and Scotland has been in the news with the Scottish National Party planning to abolish council tax in Scotland, replace it with a local income tax and have English taxpayers foot a part of the bill. The Government's Calman Commission, set up to review devolution, is mandated to investigate whether fiscal devolution would be a good idea. Disputes over the distribution of taxpayers money between Scotland and England aren't new, but those disputes have rarely been well informed.