As I mentioned on the second-last slide of our presentation, to reduce our income taxes we would have to raise our consumption taxes. The GST and the PST would have to increase between 25% and 200% to try to compensate for that decline in tax revenues from the income tax. It has to be a balance. And that tax burden would be shared by all levels of the economy, including importers.
On November 9th, 2006. See this statement in context.