Mr. Speaker, I congratulate my colleague on an excellent presentation. The depth of knowledge that he has demonstrated on this particular issue is really quite profound.
As an old municipal politician, though, I always like to go to budgetary revenues. I have often heard the Conservatives say that this is a low-tax plan, yet when we take a look at the plan in its entirety up to 2016, we see that with regard to personal income tax the government is expecting to take out of the system an extra 50%. It raised $100 billion last year in personal income tax and in 2016 it is looking at $151 billion, an increase of 50% over five or six years.
I know the rate of GDP and the rate of growth in the workforce. How does this translate into low taxes when we see the $50 billion increase that is being projected over six years?