Waititi Rawiri; O'Connor GregRAWIRI WAITITI (Co-Leader—Te Pāti Māori): Kia ora Mr Speaker otirā tēnā tātou. Tēnā tātou i tēnei rā i runga i te āhuatanga o tēnei pire—[Kia ora Mr Speaker and everyone else present here today. Greetings to us on this day and in regards to this bill—]I'm not going to speak too long on this particular bill but I do find it exciting to listen to everybody's kōrero. I think the most exciting part is to acknowledge Therese Turner for the mahi that she's done over the few years—25 years in actual fact—advising this particular Finance and Expenditure Committee. You know it's people like that that make this—it must've been an exciting job for her to be here 25 years and to advise this particular committee. I'm new to the committee so I was new to the people and the people who are part of the committee but I just want to support all the kōrero and acknowledge her mahi at this particular time.In particular increasing the trustee tax rate from 33 to 39 percent for trustee income over $10000 is a small part of actually what Te Pāti Māori's tax policy was to address in terms of the injustices within our tax system. The tax system has only been there to service the wealthy and actually put a pinch on the working class and the poorer whānau. What this tax bill actually does—its current form we support and so we supported it to the second reading we supported it to select committee and I think that was unanimous across the House. We are going to support this to there but the amendments on the other hand we take issue with. While the average person in Aotearoa is paying 20.2 percent in tax the wealthy are only paying 9.4 percent and they are the ones that usually benefit from these trusts. Our tax system allows the wealthy to illegally avoid tax through housing investment funds property and through trusts hence why we are supportive of this particular bill in its current form introduced originally by the last Government—so we probably would've supported it if it was still a Labour Government.We're supporting this bill in this current form because it's still in the form that they presented but the amendments that actually give tax breaks to the more wealthy I think coming into the committee that's where we're going to get some—like Chlöe said it's going to get exciting. It's going to get exciting because what it does is—in actual fact it does not benefit the 98 percent of the people who pay more tax in this country. Again what it does is it gives support to the 2 percent who control 50 percent of this country's wealth and continue to get the tax breaks that this Government is so openly supportive of—and you can see it across a whole lot of other legislation. You know it is unacceptable that over 2 million people in Aotearoa earn less than $30000 per year while the rich use trusts to illegally avoid paying taxes. Now if the current form of this particular bill holds on to that we would support it all the way through to third reading but it will not—it will not—and we will head into the committee having to challenge and continue to challenge this Government's agenda for tax breaks for the rich and for the wealthy.I told you I was going to take a short call on this Mr Speaker and so I thank you for that particular opportunity. We will be supporting this particular bill at second reading but we look forward to the robust discussions within the committee process. Therefore we commend this bill in the second reading to the House. Kia ora tātou.ASSISTANT SPEAKER (Greg O'Connor): Steve Abel—and I should've announced that this is a five-minute call.