DAVID SEYMOUR (Leader—ACT): Thank you, Madam Speaker. I rise on behalf of ACT in opposition to this Taxation (Income Tax Rate and Other Amendments) Bill. But I have to say, I thought that was a very fine speech from Chlöe Swarbrick, and I greatly enjoyed listening to her gradually discovering how tax policy impacts behaviour and why introducing distortion isn't always a particularly good idea. Although I should just say to Chlöe Swarbrick that the Tax Working Group report, amongst its many findings, said it didn't think that introducing a capital gains tax would actually do much for house prices. Sometimes it pays to read the whole thing.