Now, Mr. Speaker, they are justifying it by saying that one pay stub does not tell the story. Over the course of a year, the hon. member knows what the story is.
I will read another letter from a gentleman from Montrose, B.C. who writes:
I have enclosed a copy of my two most recent pay stubs. I think they stand as a good example of how high taxation rates in Canada can be a disincentive to productive workers.
This is unbelievable, and I know my friend across the way will heap scorn on it because it is profoundly embarrassing to his government, but I will read on.
During the two week period ending November 5, 1999, I was paid for 40 hours work, while in the following period, I was paid for 40.5 hours work, having put in a half hour overtime. The half hour overtime increased my gross pay by $19.66. Amazingly, this resulted in my federal income tax increasing by $20.13. In effect, I paid (the Prime Minister) 47 cents for the privilege of working a half hour overtime.
This is so incredible that one would think I am making it up. My friend can come over and examine the pay stub. He is so embarrassed his face is red with rage. I do not blame him. I would be embarrassed if I was a Liberal as well.
The letter goes on to say:
I recognize that this is an anomaly caused by steps in the tax tables, but the very fact that a step could result in an apparent marginal tax rate of 102% tells me that our tax rates are too high. As a resident of British Columbia with a good salary, my actual marginal tax rate is well over 50% and the pay stub is included.
I would be happy to table these letters in the House if my friend would like. I will voluntarily table them for my friend and he can have a look at them and explore them all he wants. I offer these to the Clerk.