Mr. Speaker, the Liberal leader has introduced a plan that would raise taxes on the middle class. The Liberal leader admits there is a $2 billion hole in that plan. He also admitted that he would have to raise taxes on people earning less than $60,000 a year by cancelling their expanded tax-free savings accounts.
Economists have noted that his proposed tax increases will not raise the money necessary to fund his expensive schemes. His numbers just do not add up. The only way to make the numbers work will be higher taxes on the middle class by taking away tax-free savings accounts and income splitting for seniors.
Canadians know that while the Liberals will raise taxes on the middle class, on this side of the House, we will protect middle-class incomes.