RISE, Scotland’s new left wing alliance, has this week re-affirmed its proposals for radical action on income tax after the SNP U-turn on the 50p rate.
Commenting on Nicola Sturgeon’s announcement that she intends to freeze current Scottish rates of income tax, RISE South Scotland list candidate Dan Foley said: “This is another depressing retreat from the First Minister at a time when we need radical reform.
“The top rate of income tax applies to people earning over £150,000 per year - that’s the richest one per cent of earners in Scotland.
“This group can afford to pay more, but the Scottish Government has decided to maintain the tax give-away they received from George Osborne in 2012. RISE advances a completely different approach. We think the top rate should be raised from 45 per cent to 60 per cent, and that there should be a new income tax band for the top 10 per cent of Scottish earners levied at 45 per cent. We want a specialist team of Revenue Scotland tax inspectors created to enforce Scottish tax regulation among elite tax avoiders and evaders.”