So the Coalition is against the Labor tax cuts, but not against tax cuts, but against THESE ones, but maybe support tax cuts, but not THESE ones, but yes tax cuts.

(That was Angus Taylor’s genius on display, in case you needed a hint)

Chief economist Greg Jericho and Senior economist Matt Grudnoff have done some quick back of the envelope calculations to see if the Liberals could not do these tax cuts Labor has proposed, but instead try and come up with their own. Which the Coalition is hinting at, with Peter Dutton now going on about the biggest fight since Fightback! The 650-page economic document Liberal leader John Hewson came up with in the early 1990s (he lost, by the way). Also Hewson is an economist. But why let those little things get in the way!

Anyway, the pair have done very quick calculations and the answer is….No. Unless they just want to do a tax cut for people earning over $135,000 they can’t do it with this budget. “Everything else is far too expensive,” said Grogs (after some expletives).