Mr. Speaker, the Liberals do not think that people earning $60,000 a year are middle class. The Liberals think that people who earn $60,000 are too rich and therefore should pay higher taxes.
My data comes right from the Canada Revenue Agency publication. It was just in the Financial Post today. It shows that two-thirds of people who max out their tax-free savings accounts earn less than $60,000 a year.
Maybe some of them had a loved one pass away and had a small inheritance. Maybe seniors downsized their homes and wanted to invest the proceeds. Maybe they had a one-time pension payment.
We want to ensure that those proceeds go into their tax-free savings accounts, not into the hands of a tax-happy Liberal government