Question reference: S6W-25965
- Asked by: Richard Leonard, MSP for Central Scotland, Scottish Labour
- Date lodged: 4 March 2024
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Current status: Answered by Shona Robison on 13 March 2024
Question
To ask the Scottish Government what work it or its agencies have done on modelling for a tax on wealth in Scotland, and whether it will make the outcomes of any such work publicly available.
Answer
We believe that the power to tax wealth should be devolved to this Parliament, so that it can be designed to work fairly and effectively in a Scottish-specific context. Any analysis of wealth taxes, therefore, must consider the limits of powers currently devolved to the Scottish Parliament.
We will continue to consider any tax proposals in line with our core tax principles which are set out in the Framework for Tax and believe that those with the broadest shoulders should contribute the most.