Mr. Speaker, the largest tax increase of the year was not announced in yesterday's budget. It was announced late last year when the Liberals passed their huge CPP tax increase. Canadians felt the first instalment come out of their paycheques in January. The CPP tax increase will continue to balloon over the next three years.
In fact, it is part of the total tax grab of another $48 billion that will have taken place by the year 2000.
How can the minister say he is cutting taxes when the government taxes this year will be at an all time high?