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Response to steaa (Original post)

Tue Jan 10, 2012, 03:44 PM

5. Not sure why this is a threat to London

Even if you apportion North Sea oil revenue geographically rather than per capita (IOW Scotland gets almost all of it, regardless of origin of capital invested) Scottish tax revenue compared to expenditure in Scotland is a net loss - it costs the UK about $40MM a year to have Scotland be a part of it.

Full disclosure - England born, Scotland educated. No problem with either, but this a "the South should secede" situation by US analog - when the area gets far more $$ from the nation as a whole than they send to it.

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