29 May 2015

A Case for Devolution

The heart of the matter is fiscal autonomy. It cannot be total. By definition, a nation cannot permit fiscal secession, independent statelets that amount to real-life versions of Passport to Pimlico. But, at present, the funding system is badly imbalanced, tilted in Whitehall's favour. A correction is needed, to give local government much greater authority to set taxes. In Australia, 87% of local government spending is self-financed. In Canada, the figure is 83%, while in France it is 72%.

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