Mr. Speaker, Bill C-4 is the story of a Prime Minister who runs in an election, promises everything but the kitchen sink, comes to sit in Parliament and then introduces a bill too quickly. The bill is poorly crafted and poorly thought out.
For example, for the tax cut where the first bracket is reduced by 1%, the government failed to consider all of the potential effects because it worked too quickly. Tax credits, particularly those for people with disabilities, are calculated in proportion to the first bracket rate. As a result, when the government lowered taxes, it also caused the most vulnerable members of society, particularly people with disabilities, to lose more with the tax cut than they gained from it.
I would like to know if my colleague agrees with me. When the government decides to make tax changes, including changes to personal income tax, should it not systematically submit a list of all those who are likely to see the amount of their tax credits change, so that we, as parliamentarians, can understand the real impact of these tax changes on all taxpayers, particularly the most vulnerable?
