Madam Speaker, most of the people I talk to, both citizens and people in companies, believe corporation taxes are low enough already. In fact, there is a belief that good corporate citizenship comes with added responsibility to want to pay taxes to help the country. Corporations just do not arbitrarily move to the lowest tax jurisdiction. One of the previous speakers already pointed out that tax rates in Las Vegas were extremely low and we do not have an exodus of corporations heading toward Las Vegas.
The fact is corporations have to look at the total package. Canada provides a lot of social benefits like health care, which are not provided in the United States, and other things. There is a whole number of inputs in to making corporate decisions. If the government thinks for one minute that corporations will just pack up and leave, that will not happen.
We already have low corporate tax rates. There is no reason to reduce them, whether we are in a surplus position or a deficit position. We are in a deficit position right now and this is totally irresponsible on the part of the government.