Labour: Why isn’t SNP taxing rich?
SCOTTISH Labour blasted Holyrood yesterday for failing to tax the rich as official figures revealed that income inequality has increased in Scotland.
According to Scottish government data for 2014/15 the richest 10 per cent of Scots now have more income than the poorest 40 per cent combined. This is increase of a tenth on the previous year.
Despite this windfall for the wealthy, however, Scotland’s SNP government has refused to back Scottish Labour’s plans to introduce a 50p tax rate for the richest 1 per cent, which the party says could be used to invest in public services.
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