The first issue that we see is that in setting the rates in this bill and confirming the rates of taxation, we can see immediately the effects of bracket creep continuing for another year. Other speakers in the debate have outlined how this occurs but, of course, this is the fact that there is inflation occurring each year. Wages do increase and what we see is that the tax levels still cut in at the same level of income. And the impact of that is that more and more people find themselves in higher tax brackets every year and so the overall amount of taxation being taken from them increases. It has been National's policy position that we think this kind of tax grab by stealth should not be allowed to continue and that these levels should be indexed to inflation. This bill is a missed opportunity in that it doesn't do that and it is grabbing a lot more tax as a consequence. 