Mr. Speaker, Thursday is tax filing day. While April 30 is always painful for Canadians who owe taxes, with more than 120 different federal tax credits, filing has become so complicated experts believe that filers are missing out on hundreds of dollars owing to them. Moreover, the Fraser Institute states that Canadians are spending $6 billion in tax compliance costs.
Rather than forcing Canadians to either hire accountants and tax lawyers or spend hours themselves searching for tax credits, why not simply reduce the tax rates for all Canadians?
Does the government not believe that a simplified tax code and broad-based tax relief is preferable to make-work projects for tax lawyers and accountants?