Mr. Speaker, every December accountants in Canada will have large, extra expenses because the new budget forces all professional income returns to be filed at the same time. Professionals will have to bear this extra cost forever, while the government will have only a one time increase in cash income. By no economic standard is this an efficient tax.
Has the minister estimated the efficiency of the new tax measure by comparing the present value of the higher accounting costs with the one-time gain in revenue?