Mr. Speaker, first of all I will take the compliment the member has given the Canadian Alliance and thank him very much. We do have a different approach on how to solve the problems.
He is absolutely right that it is the middle class Canadian taxpayer that is taking the heavy burden of paying taxes and giving money to the government for frivolous spending. I agree with him on that point.
I have some statistics. Britain recently reduced to 10% the maximum rate for low income taxpayers. Ireland is cutting its maximum corporate rate in stages to 12.5% by 2003. Australia is implementing substantial personal income tax cuts that will allow for 80% of Australian taxpayers to pay no more than 30% maximum.
We can see from this that everyone understands economics and that high taxes at the end of the day will kill productivity. Even the Minister of Industry agrees with that. I hope I have answered the question.