moved for leave to introduce Bill C-414, an act to amend the Income Tax Act (allowances paid to elected officials).
Madam Speaker, I promise this is my last bill today.
This will probably not be a very popular bill in this place, but it will be popular among Canadians because it seeks to eliminate the special provision in the Income Tax Act which allows politicians alone, elected members of parliament, senators, MPPs, et cetera, to exempt the equivalent of a third of their taxable income from the taxes we impose on everyone else. It essentially calls for the same standard of taxation in terms of the laws that we impose on all Canadians. I think that this is in the interest of equity.
(Motions deemed adopted, bill read the first time and printed)