1 increasing GST vs abolishing SD is regressive, especially in a heavily service oriented economy 2 debt is the least of many possible problems, as Richardson says; past governments would have killed for interest rates like we have domestically and internationally 3 personal tax rates are fine where they are for now but corporate tax is not; it could be lowered and not cause any budget pain for some time (no profits no tax) and at the same time vastly improve viability of attracting business. Stage 3 PAYG reforms are a leap too far I think. Prof Stewart's suggestion re tje TFT is good imo.
