Bomb-throwing GOP gubernatorial hopeful Carl Paladino was left red-faced yesterday as his first public-policy effort, the naming of a four-member "blue-ribbon tax-cut team," collapsed just minutes after it was announced.

Two of the men Paladino identified as team members, CNBC business-show host Larry Kudlow and former state Comptroller Ned Regan, said they had never even spoken to the candidate and knew nothing about the panel.

Regan said he wouldn't serve while Kudlow laughed uncontrollably when asked if he would.

Kudlow cracked up for several seconds after learning of Paladino's "announcement" from The Post and then said, "I don't know Mr. Paladino. I don't know what to say.