I want to start with looking at the actual effect of the move that is proposed to the tax thresholds. So, as Mr Bayly outlined, tax in this country, individual income tax, is done on a progressive basis. So we have tax thresholds, income between $0 and $14,000 is taxed at 10.5; between $14,000 and $48,000 is taxed at 17.5 percent; between $48,000 and $70,000 is taxed at 30 percent; between $70,000 and $180,000 is taxed at 33 percent; over $180,000 is taxed at 39 percent. Just to clear up one thing which some people often don't quite understand: if you earn, say, $70,000, it doesn't mean that all your income is taxed at 30 percent; it is only the income between $48,000 and $70,000 that is taxed at 30 percent, and amounts below that are taxed at a lower rate. That is what a progressive scale means. It means that people who earn more income pay a greater proportion of that income in taxation. So those are the tax thresholds as they are now.