Bennett David: Taxation (Transformation: First Phase Simplification and Other Measures) Bill — First ReadingText is incorporated into the Bound VolumeBennett David: Taxation (Transformation: First Phase Simplification and Other Measures) Bill — First Reading[Sitting date: 13 October 2015. Volume:709;Page:7162. Text is incorporated into the Bound Volume.]DAVID BENNETT (National—Hamilton East): No pressure—no pressure Mr Deputy Speaker.Hon Clayton Cosgrove: Good call.DAVID BENNETT: Yes. It is great to take a call on this. As that last speaker Clayton Cosgrove said there are a lot of advantages in this legislation for New Zealand taxpayers. It certainly paves the way for a simpler tax system and really sets us up nicely for the use of more technology in our tax system to make sure that taxpayers have the easiest mechanisms to be able to converse with the Inland Revenue Department and to fulfil their requirements as taxpayers.There are a number of changes in the bill that have been gone through and Minister Woodhouse has spoken about. As we go through the process of the select committee hearings and further readings I am sure they will become more evident but the general thrust of it is around the simplification of the tax administration system and that paves the way for the changes that are going through the Business Transformation system. [Interruption] What is the member from New Zealand First saying?Fletcher Tabuteau: Would you like me to say something so you can attack me?DAVID BENNETT: No the New Zealand First member—no we do not need Mr Tabuteau trying to interrupt other speakers. I have decided to go back to Mr Cosgrove’s speech on provisional tax. Are we not lucky we have got a master like Mr Cosgrove who can tell us about provisional tax? He has probably never paid it in his life but you know I am sure he has heard from somebody how it actually works.Hon Clayton Cosgrove: I raise a point of order Mr Speaker. I always meet my tax obligations unlike many of the donors to that member’s party.Mr DEPUTY SPEAKER: That is not a point of order. It is more a matter of debate.DAVID BENNETT: Well he did not answer the question so he has obviously never paid it. So what we actually see though is that the true part of the Labour Party tax policy that those members did not talk about that all New Zealanders need to know—and New Zealand First and the Greens will be spoiling at the election when that comes up in 2017—is it wants to raise taxes on New Zealanders. Labour wants to increase taxes on New Zealanders. Talk about provisional tax—those members will talk about that until the cows come home but they will not talk about those tax rates. Fifty percent is what those members will be aiming for in the Labour Party. That is what the Labour Party wants. Those members know it; they just do not want to say it. New Zealand First can laugh but you will jump into bed with them and you will do the same thing—going out and asking for higher taxes on New Zealanders.So when we look at the tax system in New Zealand for New Zealand taxpayers this is good legislation because it simplifies the system. But look out for the other side. Do not get rushed into anything about provisional tax. Look at the tax rates that those members want to apply to New Zealanders. That is the real policy which they have not come out about to this Parliament or to the public and actually given out to the public. Thank you.