Madam Speaker, I respect the hon. member. We have had many conversations on the flights here and back. He is a fellow British Columbian. However, taxing the wealthiest is going to have a negative impact on our entire Canadian economy. Most of us understand that the people who make this kind of money also have businesses in Canada. They employ a lot of Canadians. We can threaten to tax them more than a reasonable rate and these companies and people will move. They often go to jurisdictions that are more favourable to their incomes and businesses. The last thing we want to see is Canadian businesses go to other countries and set up shop.
I want to touch on the debt and shouldering it all equally. I have a simple calculation. If Canada has spent $400 billion spent this year, does the member know how much that is per man, woman and child based on 36 million Canadians? That is $11,000 each, just for the deficit this year. That is what just got added to our credit card bill. If we want to look at the total of national federal debt, it is $27,777 for each man, woman and child. Each four-person family now owes almost $112,000. To me, it is all taxpayer money and it is all taxpayer debt as well. We need to be responsible on how we spend their money.