Originally Posted by
Wozza16
Depends what people would prefer, Sweden has tax rates of around 45% as it allows big investments and the trial of forward thinking ideas. They are often lauded by people around the world and that works for them. Key industries would need to be diversified to enable an even economy although as Cardiff has one of the fastest financial and service industry growth in the UK, it would become a focus point for the rest of the country.
As an already net exporter of electricity I would like to see a big investment (that will never come from Westminster) and the building of a renewable electricity industry across as many forms as possible. Electricity will become a huge industry with the growing demand from electric transport, household batteries etc. Along with other industries that would provide income (Water, tourism), would go a long way to providing a solid economy.
I'm sure there would be other industries that may emerge but that would be a start.