Mr. Speaker, the leader of the Liberal Party admitted that his plan for higher taxes has a $2 billion hole in it. The Liberal leader admitted that he will have to raise taxes on people earning less than $60,000 a year by cancelling their expanded tax free savings accounts.
He admitted that he would replace the Conservative family tax cut with a Liberal family tax hike. He admitted that he would get rid of the universal child care benefit, yet he also admitted that after all those tax hikes, he would still have a $2 billion hole.
We know how the Liberal leader will fill this $2 billion hole. He will have to raise taxes. With the Liberal leader's opposition to income-splitting for families, we can be sure he will also cancel income-splitting for seniors.
Middle class Canadian families know they can trust the Prime Minister and our Conservative government to keep their taxes low and to protect the benefits they already receive.