Mr. Speaker, I would like to get into this battle of the accountants that is happening here and remind the hon. member for Mississauga South that as an accountant he is wont not to see the forest for the tree. He knows very well all the detailed features of the comparative tax codes of Canada and the United States.
However, the bottom line, the forest, the big picture is that the U.S. tax foundation calculates that the total family tax index in the United States is no more than 34% of total family income, while the Canadian family tax index, calculated by the Fraser Institute, an organization which the hon. Minister of Finance has recognized as a great economic authority while speaking at its conferences, was 47%. This 34% versus 47% is the big picture.