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Decentralized Democracy

House Hansard - 108

44th Parl. 1st Sess.
October 5, 2022 02:00PM
  • Oct/5/22 5:55:10 p.m.
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  • Re: Bill C-30 
Mr. Speaker, our colleagues in the Conservative Party love tax cuts. I wonder if he could analyze the benefits that come from tax cuts. Who actually benefits if they cut taxes by let us say 5% across the board?
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  • Oct/5/22 6:11:53 p.m.
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  • Re: Bill C-30 
Mr. Speaker, I appreciated the hon. member's comments, particularly on the notion of regressive taxation, whereby a tax applied to somebody earning $20,000 a year is a bigger hit than the same tax applied to somebody who is earning $200,000 a year. However, I want to ask the hon. member to reverse that and talk about tax cuts that would affect individuals. If we follow the Conservative line and cut tax, which they have tried to do in the past, and we look at the relative income and the relative impact on people, who would benefit the most on a personal income tax basis from across-the-board tax cuts?
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