Instead of reining in Scotland's out-of-control benefits bill, Swinney and his new finance secretary Jenny Gilruth are clearly intent on raising tax even further on people and business to fund their endless profligacy.
Discussing the implications of tax policy in Scotland.
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The bank must not become another SNP vanity project where taxpayers are left to foot the bill for failure while ministers dodge responsibility.
These bombshell figures expose the recklessness of the SNP making Scotland the highest taxed part of the United Kingdom.
Their economic approach has the country stuck in a dangerous doom loop of ever-increasing taxes and low growth, which is resulting in far less tax revenue being collected than expected.
This is a deeply worrying sign for hard-pressed Scots, who are already being clobbered by sky-high SNP taxes.
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