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This does not necessarily means using the $60 odd billion it will have in the next 3 years to deliver this, but keep it on balance sheet to mismatch fund the debt, and add to the surplus.

Tax cuts are good politically in the short term but governments face political death when trying to raise them. If the balance sheet is positively funded and there is surpluses ongoing, the government should prudently reserve some surpluses for future down turns in economic activity and then give back to the people a dividend like a corporate does with its profits...

If the balance sheet is positively funded and there is surpluses ongoing, the government should prudently reserve some surpluses for future down turns in economic activity and then give back to the people a dividend like a corporate does with its profits. This would mean that the taxation rates would essentially stay the same however tax cuts can be delivered via a surplus funded dividends back to the people...

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