Mr. Speaker, the government's tax increases only deal with tax loopholes?
Does the Prime Minister consider the tax on life insurance premiums that was imposed by the government closing a loophole? Does he consider the increase in the excise tax on gasoline as closing a loophole? Does the Prime Minister consider increasing the tax on tobacco products a loophole? Does he consider the reduction on RRSP contributions a loophole? Does he consider increasing the Canada pension plan premiums three times a loophole?
The tax increases imposed by his government have resulted in the collection of over $24 billion more per year by the government. Does the Prime Minister consider all of those tax loopholes?