The AFR View
Outgoing NSW Premier Mike Baird's tax wisdom
The Financial Review’s take on the principles at stake in major domestic and global stories.
It is significant that the most effective politician in the country named failed federal tax reform as his biggest regret on leaving politics.
Outgoing NSW Premier Mike Baird is best known for privatising the state's poles and wires, selling voters the quid pro quo of asset sales for infrastructure against a predictable populist scare campaign from Labor. But in 2015 he stuck his neck out to call on the federal government to do something comparable on tax – campaigning for a GST increase with an income tax cut that would deliver more money to the states, with a quid pro quo of boosting growth incentives for all Australians. It is the same logic that the government is now arguing in its case for a company tax cut.
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