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About the price of oil in the White Paper........


Clarkston5
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This shocking and unexpected news that the price of oil is manipulated for economic and political reasons by the world's major powers resulting in a commodity who's price can fall as well as rise has certainly opened my eyes.

Furthermore in the light of these revelations I'd expect Nigeria to renounce it's independence in the coming days and Jacob Rees-Mogg to be appointed Governor-General.

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Any socialists calling for tax cuts for the evil oil companies operating in the north sea?

The SNP are.

I found it rather funny that Oil & Gas UK were calling for the abolition of the Supplementary Charge. A tax that is payable on profits. :1eye

If things are a bad as they are saying then surely 32% of 0 = 0% of 0.

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I found it rather funny that Oil & Gas UK were calling for the abolition of the Supplementary Charge. A tax that is payable on profits. :1eye

If things are a bad as they are saying then surely 32% of 0 = 0% of 0.

I found it rather funny that a binch of "socialists" realise that cutting tax actually allows business to increase investment and therefore the tax yield down the line. But ONLY for one sector of the economy.

Do you think the "socialist" SNP are operating huge double standards or anything like that? Or are you just going to brainlessly join in the calls for tax cuts even though its against all you stand for ideologically? <_<

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Salmond - £113-£150 a barrel

Reality - $46.59 a barrel

Has ANY nationalist managed to work out what sort of mess this would have left an independent Scotland in? Maybe the fantastic BfS has run the numbers? Or the loopy Rev down in Somerset? No? Nothing?

Silencccccce!!

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You can tell them that until you're blue in the face, they won't take any notice.

Oil, according to the Scottish governments own GERS figures is over 11% of the Scottish economy.

Can you explain to us in great detail why this is being described as "extra". Thanks.

And can you pony up some numbers run through the same economic model Salmond was using prior to the referendum to show just exactly what low oil prices will do to the scottish economy? Thanks.

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I found it rather funny that a binch of "socialists" realise that cutting tax actually allows business to increase investment and therefore the tax yield down the line. But ONLY for one sector of the economy.

Do you think the "socialist" SNP are operating huge double standards or anything like that? Or are you just going to brainlessly join in the calls for tax cuts even though its against all you stand for ideologically? <_<

This has no relevance to the post you responded to. Profit based tax = tax paid on profits. If the industry is in such a bad way with the current oil price, surely there will be no profit to tax?

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This has no relevance to the post you responded to. Profit based tax = tax paid on profits. If the industry is in such a bad way with the current oil price, surely there will be no profit to tax?

And what relevance has yours got? Its pretty basic stuff that you get taxed on profit.

I was just wondering why supposed socialists are calling for tax breaks etc for a particular industry?

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Would we have been independent at this time if it was a yes vote? No. That would have been Spring 2016.

Until we know the prices at that time, then this thread is pointless <_<

The one year projection is currently $52 a barrel.

The old Swinney tactic.

We dont have to worry about it because we have the protection of the utterly huge UK economy <_<

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Who did?

THe SNP apparently.

Havent heard a single thing from them pressing the government for this all the same. I reckon its just a figment of Strickens fevered imagination.

Still waiting for Parp and Wizbit to explain how 11% of the Scottish economy is a "bonus". :lol:

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