The McLaffer Curve
High-fliers could flee Scotland to dodge local income tax - Scotsman.com News
JOHN Swinney's plans for a local income tax in Scotland have suffered a new setback after senior tax experts warned some of the country's wealthiest business leaders might leave the country to avoid paying it.
Mr Swinney, the finance secretary, wants to replace council tax with a new income tax, to be initially set at 3p in the pound.
I guess that a 3p cut in tax, and a guaranteed long term non-dom favourable system, would boost Scottish revenues far more....