Tom Elliott has given his ideas which he hopes federal Treasurer Jim Chalmers implements to reform Australia’s tax system.

It comes after a Treasury report was leaked, which implored the federal government to increases taxes and reduce spending.

“Australia has one of the most complicated tax systems pretty much on earth,” the 3AW Mornings host said.

Press PLAY to hear the steps he wants Jim Chalmers to take

“The good news here is Jim Chalmers appears to be open to the idea of tax reform.”

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