Mr. Speaker, the economic revisionism that pervades this House sometimes is really astounding. The fact is that between 1989 and 1993 it was the Conservatives that started a trend of reduction in income taxes as a per cent of GDP from 14% of GDP to 13% of GDP by the time our party was asked politely to leave in 1993. However between 1993 and now, the Liberal Party has increased taxes as a per cent of GDP from 13% back up to 14% and the trend is aiming higher. It is very important that we recognize the trend toward tax reduction and income tax reduction was started under a Conservative government and in four years it will be continued under a Conservative government.
In the House of Commons on February 2nd, 1998. See this statement in context.