Mr. Speaker, I guess we have heard the backward thinking of the Liberals who somehow think that ever increasing higher taxes brings higher revenue. It is exactly the opposite. I just pointed that out by using the American example.
We have to look at the unwise spending within the envelope. I have pointed out how the Liberals cannot even keep to their own projected budget, but we need reallocation of wiser spending within that budget envelope.
We have to recount the story of the lost opportunity of growth in the economy because of high taxes. It is not merely a dispute or discussion over dividing up the size of my share of the pie versus another portion of the pie. It is also how we grow a bigger pie.
The issue at this point in international economics looking at Canada's overall situation in the world economy is that we are overtaxed. The highest priority at this point has to be giving real tax relief to average Canadians.