Mr. Speaker, I thank the hon. member for his excellent question. It is not a simple one to answer, but basically we are beside the greatest economy in the world. I do not know why we are trying to forge a different economy of high taxes when the United States encourages innovation and free enterprise.
We have to get our taxes, both corporate and personal, more in line. There is a whole new revolution going on, for example, with Dell Computer and the e-commerce world. Ninety per cent of Canadians today, when they are buying products on e-commerce, buy them from the United States. They are not buying in Canada. Dell is doing $30 million a day, every day of the year, and it has just started.
We also have to encourage people that if they work hard they will enjoy the fruits of their labour. For example, in Santa Clara, 64 millionaires are created each day. I bet those people for a year or so had the dream of becoming rich and knew that if they worked hard, once they realized their aspirations they would get to keep their money.
We seem to tax it away, do some sort of income averaging and give the money to everyone. We have to encourage the entrepreneurial spirit at the school level, and when people work hard they should be able to keep their money. We have to reduce taxes both at the corporate and personal levels.