Turnbull to lead the Libs, and now they have my support

Who would have thought we'd ever see common sense from the leader of one of the 2 main political parties in our life time.

Malcolm Turnbull, who has just been appointed leader of the Liberal Party, is really in fine form, with his plan to slash and simplify the entire tax system, and his appointment of Henry Ergas as chairman of his tax review.

Sometimes its an astonishing moment when a politician admits something so plainly obvious as this:

"Taxes vary in their inefficiency. But all taxes tend to cost the economy more than the revenue they raise.

Now, if we can just get Turnbull to oppose environmental regulations and commit to removing middle class welfare, then we really have a *liberal* Liberal leader.