Madam Speaker, I thank my colleague for giving me an opportunity to comment briefly on the issue of corporate taxes compared to personal income taxes.
Unfortunately, the trend we have seen that drives government spending up over time, which is what the Liberal government is proposing, is that, year after year, taxes are not collected in a manner that is fair.
There is a pattern that has been emerging for many years now. It started under the Conservatives and continues under the Liberals. It is that personal income taxes are constantly going up. For instance, personal income tax revenues are expected to increase next year from $161 billion to $170 billion. During the same period, between 2017-18 and 2018-19, corporate tax revenues will decrease from $49.5 billion to $45 billion.
Who is left paying for Canada's social programs these days? The financial burden falls less and less on corporations and more and more on individual taxpayers. We must ask ourselves why that is.