Don’t take my word for it. Doug McWilliams, deputy chairman of the Centre for Economic and Business Research (CEBR) told me: “The measures to boost growth are a damp squib and seem unlikely even to reverse the negative impact of the higher corporation tax already announced. It’s hard to see the country getting out of its current vicious circle of higher taxes, slowing growth, and reduced spending under existing plans.”
It’s not surprising that Sturgeon, and her increasingly dour deputy John Swinney, understand “the rationale” for Hunt’s tax grab on higher earners. It’s the policy they’ve been pursuing for the past decade, and you can be sure Hunt’s pickpocketing act will be replicated in next month’s Scottish budget.