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Decentralized Democracy

House Hansard - 334

44th Parl. 1st Sess.
June 18, 2024 10:00AM
  • Jun/18/24 5:12:40 p.m.
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Madam Speaker, first of all, the member was in the committee when a small business owner was there, a plumber, who did everything right, worked as hard as he could to leave something for his kids and their kids, but the capital gains tax is going to punish all that hard work. This member sat there, yet he would rather listen to Liberal-NDP-paid economists than everyday, hard-working Canadians. That is a problem with the government. It keeps propping up the Prime Minister to protect its leader's pension, all at the expense of the suffering of Canadians. Second, let me remind the member that when John Manley, who was the finance minister under the Liberals, reduced the capital gains tax to 50%, what ended up happening? Well, productivity went up. Government revenues went up. Do members know why? It is because it helped stimulate the economy once again.
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