Mr. Speaker, prior to the last election the Liberals promised repeatedly that they would scrap the GST. We know this tax has hurt lower and middle income Canadians, small and medium sized businesses, and has cost hundreds of thousands of Canadians their jobs. We need a tax system which is more unfair, not more unfair, and we deserve a government which keeps its promises.
What does this new Liberalspeak mean? It means applying GST to food and prescription drugs. It wants to tax families on the bread they eat and on the prescription drugs they buy for their children. Yet it leaves the sales of stocks and bonds free of GST.
How perverse can this be? Once again the rich get a break and the middle and lower income Canadians get hit. That is Liberal tax reform.
The government should earnestly search for a more progressive system of taxation which closes loopholes for the wealthy and large profitable corporations and gives middle and lower income Canadians a break. Most of all the government should stop breaking its election promises.