Press Release
Budget has welcome focus on poverty and climate change – but dodges difficult decisions on tax
04 December 2024
04 December 2024
Commenting on the Scottish Budget delivered today, Miriam Brett, Co-Director of Future Economy Scotland, said:
“Today’s Budget demanded ambitious action after what has been the most challenging year for Scotland’s public finances since devolution. With many frontline public services at breaking point, additional funding is welcome – but further investment will be required to heal the harm caused by more than a decade of austerity.
“Elsewhere, the emphasis on tackling child poverty, the housing crisis and climate change represent commendable goals. The decision to abolish the cruel and harmful two-child cap is long overdue, and emblematic of the type of bold action we need to tackle child poverty. While the additional £170m of investment in affordable housing is welcome, this mostly replaces the cuts from last year’s budget.
“The pledge to deliver a green re-industrialisation of Scotland is encouraging, and any new investment in green infrastructure and supply chains must be coordinated as part of an ambitious green industrial strategy.
“Overall, while the Budget has identified the right priorities, its ambition has been hampered by an unwillingness to take necessary but difficult decisions on tax. The pressing need to overhaul council tax has once again been ignored, while the Scottish Government has once again missed an opportunity to use its tax powers over aviation to reduce emissions.
“If the Scottish Government is serious about delivering its four missions, there is an urgent need for more fundamental tax reform to raise revenue and create a fairer tax system.”
ENDS
[1] To request an interview with a spokesperson or for any other questions please contact press@futureeconomy.scot
[2] Future Economy Scotland is a non-partisan think tank that aims to create a new economy that is democratic, sustainable and just. The organisation does not have a formal stance on Scotland’s constitutional future, and is not aligned to any political party or any politician. The organisation is a not-for-profit company limited by guarantee operating with charitable principles. For more information visit: www.futureeconomy.scot