Mr. Speaker, we have just seen a demonstration of the Liberal approach to dealing with facts. They throw up a smokescreen and try to undermine the facts I presented to the House. The member opposite accused me of misrepresenting the information in the marginal tax rates between Canada and the U.S.
I draw the member's attention to the fact that I was quoting from a CIBC-Wood Gundy report which very clearly stated a comparison of marginal tax rates of federal and provincial and states in the U.S. It has combined both the federal and the state tax rates. He stated that it did not do that, but it is exactly what the chart shows. If CIBC and Wood Gundy are misrepresenting the facts then maybe he would like to take it up with them. It clearly shows that the marginal tax rate between $30,000 and $60,000 for a Canadian is 40% and in the U.S. it is 26%.
This report accurately represents the state and the situation between Canada and the U.S. He has accused me that it has not. He should apologize. When we bring facts to the House, they try to undermine the facts—