Mr. Speaker, while the finance minister has been artfully dodging questions about his own foreign tax shelters, it turns out that exactly a year ago, his billion-dollar company, Morneau Shepell, was registered in Barbados where he only pays tax at a rate of two and a half per cent. Yet, he is asking Canadian small business owners to pay tax at a rate of 73%. How do they spell “hypocrisy”? Again, for the artful dodger himself, can he tell this House whether any of his proposed tax increases would actually apply to him?
In the House of Commons on October 6th, 2017. See this statement in context.