Mr. Speaker, $20 billion of additional tax cuts by the Conservative government will leave more money in the hands of Canadians. It will assist to help the economy to grow during these tough economic times.
However, the Liberal Party has a plan for dealing with the economic situation as well. It plans to raise taxes on Canadian families. The Liberal leader recently said, “We will have to raise taxes”.
Anybody with a basic understanding of economics knows that cutting taxes, like our Conservative government is doing, encourages economic growth, while raising taxes, like the Liberal Party is pushing for, discourages economic growth. This is not the time to be discouraging economic growth.
Canadians have a right to know how many taxes the Liberals want to hike, how much they will raise them by and which Canadians they will go after to get more money under the new Liberal tax grab.