Mr. Speaker, thanks to the leadership of our Prime Minister, Canadians have more money in their wallets, where it belongs. With the federal tax burden at its lowest level in 50 years, our historic tax relief has especially benefited Canada's middle-income earners.
A new report just released by the Parliamentary Budget Officer says that our tax cuts “...greatly impact low-middle income earners...effectively resulting in a 4.0 per cent increase in after-tax income”. Thanks to our government, the average family of four will save nearly $3,400 in taxes this year. The net worth of families is up over 44%, and even The New York Times says we have the richest middle class in the world.
Unfortunately, the Liberal leader has no idea what it is like to be a middle-income earner. In fact, he even claims that a budget can balance itself. Despite what Liberal members call their own leader's “bozo eruption”, our Conservative government continues to take action that actually helps middle-income families and puts more money in their pockets, where it belongs.