1. If you pile on Debt, then interest rates would naturally...

1. If you pile on Debt, then interest rates would naturally :"Rise" much faster (all other things being equal), to reflect the increased risks. The reason it hasn't is because the world see our economy doing very well and our level of debts are manageable. Moreover, we are projected to have surpluses forward years. Refer to below for reasons.

2. By providing a Tax Plan for the next decade, allow taxpayers to plan ahead. Certainty is a great thing for markets and the economy.

3. Not sure why you don't think we would grow as fast: over the last few months, we are getting Record prices for our Iron Ore and LNG. These two events were not included in the most recent growth forecasts.

IMHO, if there isn't a full-on Trade War between the US and China, we should do very well in the next few years. We have a $50b a year trade surplus with China.

Our commodity prices are at or near record highs - this means we should be generating more record income with record taxes, resulting in a Higher Gov Surpluses for future years.

So (IMHO) there is Nothing wrong with giving back to taxpayers some of these surpluses.