Mr. Speaker, my comments have more to do with his leader's apparent flip-flop on corporate taxes. He may or may not agree with what his leader did, but certainly in the year 2000 the then finance minister, Paul Martin, cut corporate taxes by a considerable amount. The cuts have been continued under the present government, to the point where we will be 12 points lower than the Americans, at around 15% by 2012.
All this money needs to be made up somewhere and, of course, it is being made up by personal income tax, which has doubled over the last number of years. As a matter of fact, the business community does not back up the government's argument that corporate taxes are a good thing for the economy. For example, Statistics Canada says that business spending on machinery and equipment has actually declined as a share of GDP.
Given that the member's leader at last week's think-tank indicated that he was now against corporate taxes, I would ask him to clarify as to where the leader actually sits on corporate tax reductions at this time.