ANDREW BAYLY (National—Port Waikato): Yes, it's good to be talking on the second reading of the Taxation (Income Tax Rate and Other Amendments) Bill. Thank you to the Minister for addressing the bill. I've just got to say that I find it quite absurd the argument that the Minister is putting forward as to why we should be increasing the tax rate. He compared the top tax rate in New Zealand with a number of other jurisdictions and said, "Look, we are lower than them. They're much higher than us, and therefore that gives us the basis for why we might increase it." I'd have to say to the Minister that that is a very strange approach.