Mr. Speaker, for starters, I would like to assure the hon. member that we have not reached the 75% tax rate in this country. Our intention with the $1,200 a year child care allowance is to have a universal benefit. It will, as the Prime Minister said repeatedly during the election campaign, be taxed in the hands of the lowest earning parent. Therefore if there is a stay at home parent who earns zero dollars there is no tax on that.
In the House of Commons on April 7th, 2006. See this statement in context.