I don't believe, the president doesn't believe, that the high income tax cuts work, period. I don't think the evidence supports that.

The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses.

In this country, we have partnerships, we have S corps, we have LLCs, we have a series of entities that do not pay corporate income tax.

Low-income Canadians benefit relatively little from these tax cuts, yet they may be hurt a great deal when child care and other programs are cut to pay for tax cuts that largely benefit high-income families.

The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country.

Inflation would not be affected by providing tax cuts to the poor and middle-income groups. Especially pensioners, who get what is considered a household grant, could score.