Phil Goff is thrilled with a Treasury report that offers a whole lot of advice on how to run the country. He's highlighted a few bits that make sense, and given the weight and experience of Treasury, I suppose we should follow it (not that Cullen did unless it suited him). One of the bits of advice was to lower the top tax rates down to 30%. Damn good idea. That must have been the one that Phil Goff liked? With the economy in recession (or is it depression?) there is opportunity for National to push all sorts of reforms through. There may be a bit of horse trading required though. I'd be happy to see taxes leveled to 30% (ideally less) in exchange for a capital gains tax on property sales (where the property is not the main family residence) and a crack down on mis-using trusts and charity status to avoid tax. Actually, a flatter tax system kills many of the reasons to manipulate overly complex tax laws anyway. I see that Obama was furious that millions of dollars of bonu...