Madam Speaker, I find it curious that the parliamentary secretary speaks about what the Prime Minister spoke about today about the top 1% paying their fair share. Shortly after that was implemented, the Parliamentary Budget Officer reported that the net negative effect to the treasury was going to be $8.9 billion over six years. What that meant was that the Liberals' top 1% tax plan actually was going to cost Canadians money.
The ones who benefited the most from this were actually MPs, where we saw, according to the Centre for Policy Alternatives, our tax rate decrease. We are $343 billion in deficits and approaching $1.2 trillion in debt. Has the hon. member costed out what a tax on the top 1% would be, and would it pay down the $343 billion in deficits and the $1.2 billion in debt?