That may be. I am going to refer to that in a moment. Perhaps, Mr. Speaker, I should give some of these figures with respect to the average Canadian income taxpayer, who for the most part you and I are representing in this Parliament today.
DEBATES April 28. 1965
The single taxpayer with an income of $3,000 a year has a reduction of 6J cents a day; with $4,000 a year income, 10.9 cents a day, and with an income of $5,000 a year, 16.1 cents a day. For married persons the figures are not quite the same, of course. The married taxpayer with no dependants who is in receipt of an income of $3,000 a year gets the magnificent reduction of 2.7 cents a day, which really is going to make the coins rattle in his pocket. If he earns $4,000 a year he gets 64 cents a day reduction. I was going to say that his weekly reduction would amount to approximately the price of a package of cigarettes, but the Minister of National Health and Welfare is not here so I should not discuss the price of cigarettes. Then a married taxpayer earning $5,000 with no dependants will be offered the magnificent saving of 10.9 cents a day.
Topic: THE BUDGET
Subtopic: ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE