Mr. Speaker, there is a lot of applause from across the floor. I understand that. Those members that I have mentioned and others over there, the so-called 30 that are standing up for their constituents on Bill C-38, want me to get off that topic, so I will get back to Bill C-48.
I want to talk about what this $4.5 billion means particularly to the young people and the older people in our society. They are the people who are hurt the most by high taxes.
The people who are hurt the most by high taxes are the young people who are just starting families. They are paying off their student loans. They have a mortgage. They have a lot of payments. They are trying to buy a car. They are trying to get in a position where they can start a family.
My wife Linda and I have five children in that position right now. I am not saying this just on behalf of my children. It is their friends. It is anyone who has children. It is people who are just starting out and getting to a point where they can start a family.
It used to be that one family member earning wages could probably support the family, and the other could stay at home with the children. Families could afford to do that. Why is it now that two people in the family, both the husband and wife must work to make enough money? The reason is taxes are so out of control in this country. They cannot afford to have one person stay at home because of all the money that is taken off their paycheques.
I think we all agree that a certain amount of money taken in taxation is reasonable. We all agree that we want to support the important social programs across the country.
I would say that many of us here, even on the other side of the House, recognize that we are simply taking too much from people and leaving them with too little to spend on what they want to spend it on. That is why those young families are having such a difficult time buying a house, making their mortgage payments, buying a car, paying off their student loans and trying to get ahead. That is why it is so difficult. More than anything else it is simply because too much money is taken off their paycheques.
I want to talk about the other group, the older folks. These folks often are retired and on a fixed income which usually is not very high. Chances are that a retired person who earns $15,000 a year pays taxes. The government takes money from an older person's paycheque even if that person only earns $15,000 a year. There is something very wrong with that picture.
As a result, many old folks come to my office. I do not think any hon. members can say they do not have people who come to their offices to say that they just cannot make ends meet. Their heating and electricity bills have gone up. Their property taxes have gone up a little bit, although nothing compared to the federal tax deduction. The gasoline prices have risen. Many of these people want to remain independent, to be mobile and to be able to drive, but gasoline prices and insurance costs have gone up. All these things have gone up.
I see I only have a minute left. I wanted to say a lot more, but I will save it for the next time I speak to Bill C-48. It has a way to go yet.
Surely the people across the floor care enough about these old retired folks to back off a little bit on taxes. To do that, the Liberals have to stop spending like drunken sailors. There was an increase in spending of more than 10% this year. They have to stop doing that if they are to leave enough money in the hands of young people who are trying to start families and in the pockets of our old folks who are just trying to get by. All they want is to have reasonable retirement years. They cannot do that any more because the government over the last 12 years has increased taxes at such a rate that it is simply out of control.
I implore members opposite to listen, to cut back on spending, to cut back on taxes and to let us spend more of our own money. We will be better off for it.