Date: 2013-03-08 12:28 pm (UTC)
andrewducker: (Default)
From: [personal profile] andrewducker
Thinking about it - as an alternative to business rates, this has advantages - the council owns 20% of any business in Edinburgh, and gets paid through dividends.

Of course, this means that the councils income is now more based on the profits of the businesses in its area - so in bad times the councils income drops rather more, I'd imagine.

I'll have to think about it more!
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danieldwilliam

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