Do you seriously believe Scotland can 'afford' its free HE, its free prescriptions, its free care for the elderly based on what Scottish taxpayers alone contribute
Yes. Scotland puts more into the pot than it takes out.
Scotland has about 8.4% of the UK population and gets 9.3% of UK spending. However, Scotland also generates 9.6% of UK tax revenues.
We generate over £1,000 more tax per person than the average across the UK. Over each of the last 6 years Scotland?s finances have been stronger than the UK. And over the past 30 years, we have had a relative surplus of £19 billion.
www.yesscotland.net/afford_to_be_independent
The North Sea Oil thing is actually a bit of a red herring. The profits of same won't be flowing freely into Scottish pockets, like they don't flow into English pockets now. They disappear into the maw of multinational oil companies, the ones who put up billions over the year exploring for oil and then pumping it once they find it. So while Scotland might then 'own' the oil itself, they can't 'own' (or afford) to pay out the costs of pumping it
Over the 30 years from 2010/11 to 2040/41, based on the UK's independent Office for Budget Responsibility (OBR) forecast, cumulative North Sea revenues would be around £108 billion (2010/11 prices). This represents approximately £3.6 billion a year.
www.yesscotland.net/what_about_oil_gas
I also suspect that the English government wouldn't, for fear of pissing off a lot of English voters, allow Scotland to retain Sterling without political union
Pound sterling is a tradeable currency. That means that any country in the world can choose to use it. It does not require Westminster's permission.
And yes, of course the Scots will need to pay out their 'share' of the national debt
Of course! I have never seen anyone suggest otherwise!
(for convenience my links are from a pro independence site, feel free to independently confirm their accuracy)