Tory tax cuts for the richest Scots would cost up to £410million, independent research has revealed.
Scottish Labour MSP Kezia Dugdale has challenged Conservative MSPs to explain which public services they would cut to pay for raising the higher rate income tax threshold.
Figures calculated by the independent Scottish Parliament Information Centre (SPICe) for Ms Dugdale show that increasing the threshold to £50,000 – as the Tories have announced in England – without indexing other Scottish tax thresholds would cost an estimated £410m.
Increasing the higher rate threshold to £50,000 and indexing other tax thresholds, compared with a baseline where all Scottish thresholds are increased in line with inflation, would cost an estimated £340m.
Scottish Labour MSP for Edinburgh and the Lothians, Kezia Dugdale, said:
“This shows how much the Tory tax cuts for the richest in society would cost if Philip Hammond’s policy was replicated in Scotland.
“Tory MSPs want these tax cuts introduced here, so they must now explain which public services they would cut up to £410million from. Would it be hospitals, schools or care services?
“Tax cuts for the richest Scots should not be a priority when our public services are struggling.”