21-05-2025
Tom Hunter's rescue plan for Scotland: lower taxes and follow Singapore
One of Scotland's richest men has demanded lower taxes to reverse the 'managed decline' of the country.
Sir Tom Hunter, Scotland's first homegrown billionaire, said he was 'deeply worried' by the future prospects of his homeland in areas such as education, health and the economy.
In a new paper he suggests Scotland should look to Singapore as a blueprint which would improve its economic fortunes.
Hunter argued that lower taxes along with a bespoke immigration system would attract more talented people and help grow the overall tax revenue the government collects. That in turn would allow for greater public spending to help overhaul public services.
'The current state of our nation does not reflect our potential,' Hunter said. 'I have never heard so much