Mr. Speaker, my question is for the Minister of Finance. There are only 19 days left for Canadians to file their 1999 income tax returns. Many low and middle income earners know that as their incomes approach the thresholds of new tax brackets they often pay marginal rates of taxes as high as 50%.
This discourages people from working and reduces productivity, lowering the potential wealth for all Canadians. What is the minister doing to eradicate this disparity?