Madam Speaker, there is a lot of confusion here about what tax fairness is.
I appreciate my colleague outlining all of the measures the Liberals have taken, but let us take a quick look at those measures.
The Liberals talked about a middle-class tax break but it benefited mostly people who earned between $50 and $100 an hour. Anyone who earned $23 an hour or less received nothing.
The Liberals talk about the small business tax cut. The Minister of Small Business and Tourism, who is also the government House leader, said a year ago that it was a great sound bite but it was not practical. The only reason the Liberals supported it was because they were in quicksand. In fact, they attacked small business. They went after Canadian-controlled companies, yet publicly traded companies did not get any of the same measures imposed on them.
We just want a simple answer. CEOs should not be getting a tax loophole that costs Canadians almost $1 billion, while small business people and hard-working Canadians pay their fair share of taxes. The Liberals talk about spending a billion dollars, a billion dollars chasing who? Small business people and hard-working people. The loophole needs to be closed.
We need the member to tell us why the Liberals have not closed this loophole.