It’s not a lie, I just changed my position Your Honour

Anyway Opposition Leader Angus Taylor came out with his own Budget reply speech which I personally think was a big step forward for the Coalition as it finally shows a stark difference between them and Labor in many areas, including energy (dumping net zero and removing the ban on nuclear power) housing, CGT, negative gearing, immigration and taxation.

There has been criticism that it was taken from the One Nation songbook and a big attack from Labor on the cost of tax indexation which will avoid bracket creep pushing wage earners into higher tax brackets.

Chalmers and Albanese claim this will cost a bomb, shock horror! But as one of my regular email contacts, a former top federal public servant, has rightly pointed out:

The ALP have put their collective 'foot in the mouth' by estimating and banging on about tax revenue reduction from the LNP policy of indexation at $250 billion. As pointed out by Taylor, the mirror image is that this is tax revenue that Chalmers wants to hold onto, by ignoring bracket creep, as well as higher taxes from CGT, trusts etc. What a treasure trove to drive more spending in the future. Diabolical! Anyway, the bell has been rung…

Labor, let's hope it tolls for thee!

But if all else fails, Jimbo and Albo could also take heed of George Harrison and The Beatles' 1966 hit, The Taxman

If you drive a car, I'll tax the street
If you try to sit, sit I'll tax your seat 
If you get too cold, cold I'll tax the heat
If you take a walk, walk I'll tax your feet
Yeah, I'm theTaxman!...

How prophetic.