Mr. Speaker, yes, we look forward to the report of the finance committee as well as to the report of the Mintz committee.
As well, we have already undertaken some important reforms. We are the party for example that has abolished the $100,000 lifetime capital gains exemption. We have restricted the use of tax shelters. We have eliminated the advantages for family trusts. We have also dealt with the issue of taxpayer migration.
It is important to recognize that Canada has the most progressive income tax system in the G-7. Two per cent of tax filers have an income over $100,000. They pay 21% of taxes. We will continue to look forward to methods of improving—