Mr. Speaker, the budget deals with tax cuts, but it has very little to do with tax fairness. A book I am reading says that we lose an estimated $7 billion to $15 billion a year through what is called tax motivated expatriation, which is a lawyer's term for sleazy, tax-cheating loopholes in the corporate sector, for those who use offshore tax havens to shield their profits so they do not pay taxes in this country.
The book is called Pigs at the Trough. These corporate tax fugitives have been feeding at the trough for years. We used to have 13 of these tax treaties with offshore tax havens. We tore up all of them except for one, the very country where the former prime minister has his dummy, paper, tax fugitive companies.
Would my colleague agree with me in the interests of tax fairness that if we are going to have corporate tax cuts we should at least insist that Canadian corporate taxpayers pay their fair share of taxes?