A posting from the Institutional Economics website yesterday: Serious Tax Reform – Finance Minister Nick Minchin on tax reform:

“Serious, sustainable and responsible income tax reductions can only be delivered by reducing government expenditures,” the minister told the Liberal Party’s South Australian state council last night.

“Those who want further substantial income tax cuts should tell us all where they think the Government can and should reduce its expenditure to pay for their cuts.”

If Minchin isn’t willing to volunteer these cuts himself, doesn’t it follow that he is not interested in ‘serious, sustainable and responsible’ tax reform?

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Peter Fray
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