Madam Speaker, the member can call it anything he likes, but the result is paying less taxes. When the hon. member's party was in power, and I was here, the Conservatives called a lot of things “tax cuts”. They were not specifically taking a tax and chopping it; they were actually lowering taxes or doing something else.
The government has called this a middle-class tax cut, and the Liberals campaigned on it. I do not care what the member calls it or how it is implemented; it is spending taxpayer money that is now being collected and saying that we are going to give it back.
Tax cuts are actually expenditures of money. We are saying to spend the money on something that people actually need, in fact, desperately need and would change their lives. This $340 will not change the lives of anybody making more than $90,000 a year.