Meeting of the Parliament (Hybrid) 08 June 2022
Mr Mason sits on the same committee as I do, which has been scrutinising Government finances, and he will know exactly what the projections are about the downturn in the tax take that we are suffering from. That is the problem that I refer to. The tax revenue situation is most worrying of all, because it reflects not only the serious challenges about the primary source of Government spending but the serious imbalances in the Scottish economy. Those imbalances—most especially those that relate to the labour force—mean that it is highly likely that we will continue to lag behind the UK on several key economic indicators. Higher tax rates are not delivering the higher tax revenues that we need, which is a serious concern.