DAVID SEYMOUR (Leader—ACT): Thank you, Madam Speaker. I rise on behalf of ACT in opposition to this tax bill. The number one reason is not for the many minor tweaks, the spring cleaning that needs to be done to a taxation system each year by a bill such as this—a lot of that is well-supported, sensible stuff: making sure that GST continues to function, making sure that the emerging technology of cryptocurrencies is fitted into New Zealand's taxation system. That's good stuff. But what is unforgiveable and unsupportable by ACT is the increase in the top tax rate to 39 percent.