So is the system fit? Well, we certainly don't think it's modernised for the future challenges we now face. We don't believe so in the ACT Party. Bad changes in taxation at this stage of the COVID-19 recovery are particularly harmful to the economy and to New Zealanders. We're not in the business-as-usual period, and it's harmful to future prosperity. The Government's tax policies result in fewer skilled people coming to work here, more skilled people leaving, and therefore potentially an overall reduction in tax take. The attitude towards it is best summed up by the increase in the top tax bracket to 39 percent on incomes over $180,000. This is not only forecast to raise a small amount of revenue but it can't even be estimated. It will also increase the likelihood of tax avoidance and distortions in the tax system when aligned to the 28 percent corporate tax rate. This will almost certainly reduce the amount of revenue this policy generates while encouraging unproductive behaviour. The policies deliver a blow to the integrity of the tax system and the Government as a whole.