Mr. Speaker, the member talked a bit about the middle class and I want to ask a specific question about that.
The government has significantly cut back on the amount individuals can contribute to their tax-free savings accounts, in spite of the fact that all data shows that those in the middle and the low end are, in fact, more likely to use tax-free savings accounts. Over half of those who have maxed out their tax-free savings accounts are making less than $60,000 a year.
Meanwhile, the new tax changes the government has brought in provide absolutely no tax relief for those earning less than $45,000 a year. They are concerned for the middle class. People already have to be doing better than that in order to be considered. Meanwhile many low-income people who were using tax-free savings accounts are now worse off under the government's plan.
How does the member square those economic realities with the comments he has made about the middle class?