moved for leave to introduce Bill C-283, an act to amend the Income Tax Act (deduction of property taxes paid in respect of a principal residence).
Madam Speaker, this bill is an important one as we are taxed to death in this country. My bill could actually be called the freedom from double taxation bill because we all have to pay income tax on money that we then subsequently use to pay our property taxes. The bill would permit homeowners to deduct from their taxable income the amount of money spent on their municipal taxes.
This is a much overdue bill, and I hope all members will support it when it comes before the House.
(Motions deemed adopted, bill read the first time and printed)