Published Date: 03 October 2008 EDINBURGH taxpayers will end up subsidising the rest of Scotland if the SNP manages to implement its local income tax plans, it was claimed today. Lothians Tory MSP Gavin Brown said the Capital was already losing out in the way business tax revenue was redistributed and now faced losing out even more under the system for handling the proceeds of the new tax. Finance Secretary John Swinney to ld MSPs yesterday that under the Scottish Government's local income tax plans, it intended local authorities would keep the money raised in their own area – but he warned government grants to councils would then be adjusted. Earnings in Edinburgh are 12.8 per cent above the Scottish average, which means the centrally-set 3p local income tax will raise more money in the Capital than in most other parts of...
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