Thank you, Mr. Chair.
I just want to start with a bit of a comment, and you're welcome to comment on it, if you'd like.
There was an earlier question pertaining to the GST, the reduction of GST, and whether or not that would help to disrupt the underground economy or at least encourage people to be a bit more honest.
I just want to suggest that economics would point to lower taxes leading people to be more honest with tax reporting. The Laffer curve demonstrates, as a matter of fact, that a lower tax rate does lead to people being a bit more forthright in their taxes, since there's not as much to gain by lying or conducting an underground economy.
I do have, as kind of an offshoot from that, a question pertaining more to GST refund overpayment. I find it kind of concerning that currently there's no process in place to estimate where we're at with GST overpayment. In fact, the very fact that it even exists disturbs me. It's essentially theft, when you're claiming more money back than you're deserving of.
Have you made any progress in estimating overpayment, if there's any, and what kinds of repercussions there might be for people who are claiming GST refund overpayment?