Malcolm thinks a cigar is always just a cigar

Shadow Treasurer and all-round pukka Malcolm Turnbull's reply during question time at the National Press Club on Wednesday, 21 May 2008.

"I'm not going to engage in self-analysis."

Sort of says it all about Malcolm doesn't it?

Transcript of Address to the National Press Club here.

And wants his tax review to look at the Goods and Services Tax

"The Review will involve all aspects of the tax system that are amenable to reform in the national interest.
This will involve an examination of taxation:
At the Commonwealth level, including but not limited to: income tax, company tax, dividend imputation, the goods and services tax, international tax, excises and customs duties, fringe benefits tax, revenue from any emissions trading scheme, capital gains tax, superannuation taxes, and resource rent tax; and
At the State and Local level, including but not limited to: transactions taxes, payroll taxes, property taxes, and gambling taxes.
In conducting the Review, Professor Ergas will consult widely, including through the release of public discussion papers and a tax reform conference. The Review will be completed by the end of 2008."

I take some comfort from the fact that Turnbull and Ergas (both believing the 'great unwashed' adhere to the politics of envy) are reviewing the tax system while the Coalition is in opposition. Otherwise the Prof might just lumber us all with a higher rate of GST in his almost one-size-fits-all view of our society.