Mr. Speaker, the late Jim Flaherty dismissed income splitting for the wealthy as too expensive and fundamentally unfair. Unfair, because it provides nothing to a single mom at the poverty line, but it gives $2,000 to families with incomes of over a quarter of a million dollars.
If we could trade that unfairness for a better plan, one that is being acclaimed as powerful, progressive, fair, transparent and efficient, one that fights poverty and improves middle-class incomes, why would we not make that trade? Jim Flaherty would have.