Mr. Speaker, I have a question about the first thing my hon. colleague mentioned, which essentially was that the incentive in the Liberal plan would not make small businesses behave differently. If one makes a graph of the number of small businesses as a function of their taxable income reported to the government when they file their tax returns, one can see historically that there has been a spike in the number of businesses just under the small business tax deduction income limit. Then, when that limit has been moved in the past by governments, miraculously the spike in the number of businesses just below the limit has also moved.
It is a good thing that businesses are trying to manage their taxes and trying to be tax efficient, but that shows that incentives do matter and that the incentive being proposed in the Liberal plan will matter. It makes a difference at the margins, and, as we know, people make economic decisions at the margins.