The whole basis of your economic policy throughout the 1980s was that Wales would have to earn its place in the world by being the cheapest place that you could possibly employ somebody, and they want our tourist industry to be the same. At least when Mr Hamilton gets up he treats us to his normal, weekly dystopian view of Wales as the new Singapore, somewhere where we’ll all be able to enjoy money fructifying in our pockets as we make our way to the workhouse.

Now, the purpose of the debate, Dirprwy Lywydd, and the purpose of the Welsh Government’s position is simply this: that we think that a tourism tax is an idea worth exploring. We agree with Plaid Cymru that a plastics tax is an idea worth exploring too. We will want to do that in a way that is sober and sensible, that we will explore some of the proper questions that people have raised this afternoon, and that we’ll do that by talking to stakeholders—we’ll give them an opportunity to contribute to our thinking and we’ll consider the evidence in proper detail. And when we’ve done that, and when we’ve done that with all the other possibilities that are in our prospectus, I will come back to the Assembly in the new year and let you know which of the four ideas we think is most likely to be able to test the new machinery that we have available to us.

We want to do it in a way that is open, that is engaged, that creates a different climate about tax policy here in Wales. I look forward to keeping the Assembly and the Finance Committee properly informed of our progress in doing business in that way.