I believe that the prediction my noble friend just quoted is for the five years from 2010 to 2015. I do not believe that but I accept that that is a Treasury view. However, the powers under this Bill will not come into force until about 2015. If my noble friend believes that the Scottish National Party, the Scottish Executive, are keen to have these tax powers, which we have been debating extensively this evening, simply in order to cut them, I cannot agree with him on that either. The fact is that they have vast ambitions for increased public expenditure. My argument is that they will have to increase taxation not just to increase expenditure but to keep the standard of living and government expenditure in the same place.
Scotland Bill
Proceeding contribution from
Lord Lang of Monkton
(Conservative)
in the House of Lords on Tuesday, 28 February 2012.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Scotland Bill.
Type
Proceeding contribution
Reference
735 c1266 
Session
2010-12
Chamber / Committee
House of Lords chamber
Subjects
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Timestamp
2023-12-15 15:54:44 +0000
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