But there's also a more powerful point, actually, which makes this rather different from the situation when it comes to beneficiaries and what has happened there, where it's, effectively, a transfer over, and it is this. It's a conceptual point, but it seems to me it's a significant point. This is not the absence of tax that the Government is getting, and was already getting; rather, what it is is simply the absence of an increase in tax take. It's not money they were getting anyway. It is a pile that is growing as that bracket creep happens. So they're not losing money. That's simply the absence of growth properly understood, it seems to me. 