Mr. Speaker, first of all, I agree with the member that the personal income tax system is flawed and it needs reform. I have been saying that for 15 years. I have talked about my concept of a single tax system until I am blue in the face.
There is a way to really get this country going, and the NDP are going to freak out when I say this. We have the GST in place. The member acknowledged it is only $12 billion that we get from all businesses. As well there is the paper burden and all the duplication. I would abolish the federal income tax rate. If we abolished the federal income tax rate for the millions of small business men and women, imagine the paper burden that would vanish. Imagine the efficiencies that we could create.
Think of the international investment that would flow into this country for small businessmen and women. It would be incredible. That would drive interest rates down because the more capital there is in a market to rent, the cheaper it is.
We would have an investment climate where we celebrated men and women of ingenuity, men and women of creativity. I am going to repeat it until I am blue in the face. The one million small business men and women in this country drive our economy. They represent 85% of the jobs. The NDP has to stop talking about punishing the achievers.