Mr. Speaker, there we have it, the finance critic for the official opposition, for the NDP, saying that families making $50,000, $60,000, $70,000 a year are wealthy. If I were making $60,000 a year, like most public sector union members who are the core of the NDP's constituency, I would be terrified of this guy becoming the finance minister because he thinks they are wealthy. We know that means that the NDP would impose bigger taxes.
We heard the same thing from the leader of the Liberal Party. He said he would not impose taxes on the middle class. Then when he was asked to define the middle class, he said that it excludes people who have assets like seniors on fixed incomes.
The data is clear. In the past decade there has been shrinking income inequality, fewer children living under the low-income cut-off than ever in our history, and the lowest level of families under the LICO in 30 years.
I have a question for my NDP friend. If he were in government would he repeal income splitting for pensioners?