Mr. Speaker, I am sorry to hear the line of attack that the hon. member is developing. I think this 31.5% punitive tax will hurt Canadians. It is $25 billion that left right away, which has hurt a lot of Canadians, many of them being seniors. They need justice and fairness.
I invite the hon. member to read what the experts said at committee on this trust theory. We have said that this 10% refundable tax proposed for Canadian investors would help these Canadians to recover two-thirds of their savings and would restore equity in the tax system. We could avoid these income trusts being bought by the Americans. When they are bought they do not pay taxes any more to Canada.
These are good policies. Why is she trying to diminish and unfairly attack her colleagues in this House instead of working for Canadian taxpayers, Canadian workers and Canadian families? The deductibility is the same thing--