Mr. Speaker, the government's first act of the new millennium will be to raise taxes. On January 1, Canada pension plan premiums will rise by $2.3 billion and bracket creep will pull hundreds of thousands of Canadians into higher tax brackets, which is not exactly a cheery way to enter the new year. We now have poverty groups, family groups, small business associations and even the banks calling for a substantive tax cut.
Why is the government to start the new century with a tax hike instead of a tax cut?