Mr. Speaker, this year the Minister of Finance snuck in on the fine print of his budget plan-I refer to the footnote on page 67 of his seniors' benefits booklet-a 20 per cent clawback for middle income seniors. This is a 20 per cent tax. It is on top of the unconscionable rates already imposed on all Canadians by the government, while the Minister of Finance boasts about no new taxes.
Will the Minister of Finance explain why middle income seniors, who built this country and worked hard to secure their retirement, will now find themselves the most heavily taxed people in the country?