Uffindell SamSAM UFFINDELL (National—Tauranga): Thank you Mr Speaker. Well another wasted opportunity on this bill. We listened to the Budget yesterday and there was nothing in there for hard-working taxpaying New Zealanders. We've got a Government over the other side of the House that's addicted to spending and this bill further inflates that. There's no measures in here to give anything back.Kiwis are struggling. We've got a cost of living crisis; we've got runaway inflation; we have had no tax relief in six years for any hard-working taxpaying Kiwis. For all of those Kiwis at home looking at this Budget hoping for a bit of a break hoping for something back hoping that their lives might be made a little bit easier—what did they get? They got nothing. In fact they're going backwards; they're losing money. They are going backwards under this Government as inflation day by day takes money out of their pocket.Now we heard the Minister earlier saying there was going to be no new tax as well in this bill—there is. There's an increase to the trust tax rate. That's another broken promise by this Government. We've heard people on the other side of the House we've heard Chlöe Swarbrick we heard Te Paati—Chlöe Swarbrick: Swarbrick.SAM UFFINDELL: People get my name wrong all the time my apologies. We heard Te Paati Māori yesterday saying that they're going to be introducing—or very keen on—a wealth tax and that's what you run.This Government has been saying that there will not be a wealth tax. There will be a wealth tax if Labour wins the election because it will be a requirement in coalition agreements with both the minor parties. What is that going to look like? Is that going to be a land tax that comes out every year or are people going to have to shell out $20000 because they own a property worth $1 million? No one knows what that's going to look like.Kiwi families are really struggling and they are going to struggle even more under this Government. We saw recently there was a tax review. Now I just want to talk to that because that's building the foundations for what is going to be a wealth tax. They looked at wealthy New Zealanders and they said they're paying under 10 percent tax. They're looking at unrealised capital gains and there's no system that ever looks at taxing unrealised capital gains. Then they compare that with your average New Zealander and what do they look at for that? They looked at PAYE income only and took no consideration of whether they owned a house or whether those people had unrealised capital gains as well. It is an apples comparison with oranges it is totally disingenuous it is gaslighting and it's setting the way. David Parker won't announce it but the Greens and Te Paati Māori will ensure there is a wealth tax under this Government.Now we would present an alternative view of this bill. We would make sure that we deliver tax relief to hard-working taxpaying New Zealand families. We would increase tax brackets in line with inflation. It's not going to make anyone wealthy but it will make it a little bit easier for them to get ahead. And under National when we come into office someone on the average wage would be $800 better off every year; the average family will be $1700 better off this year. Back to the bill. Thank you Mr Speaker. You didn't have to say it—you used your hand signal so I appreciate that. I knew what you were meaning.We did note around gender equity—around boosting KiwiSaver payments for paid parental leave. Look I think that's a pretty good step to take. I think that it actually does address some issues that females face when they're spending time out of the workforce bearing and rearing children. So you always have to throw the Government a bone and I will on that front. But that's about where it ends.When your normal family's looking at this they're getting poorer every day. They've had the prices of fresh fruit and vegetables up over 20 percent. They've got big mortgage payments coming up. They've probably just re-fixed from 2.25 to 6.35 percent. That's going to punish them. Nicola Grigg knows it's going to punish them I know it's going to punish them and this Government is doing nothing to address the cost of living crisis.National has a plan. We've got a well-costed well - laid-out plan. People have got a very stark contrast when it comes to 14 October. Are they going to vote for the National Party who is going to put money back in their pockets that trusts them to spend their money better than the Government does? Or are they going to vote for Labour who keeps taking money away thinks they know how it should all be spent doesn't give a damn for your average family out there that's doing it really tough really hard to make ends meet gives them nothing back—nothing back for your average hard-working taxpayer?They've got a very stark contrast and some very clear choices and I have confidence that the wise people of New Zealand will vote accordingly. I oppose this bill.