Thank you, Mr. Chairman. Just quickly, I will be supporting the bill and we talked about this at committee. I will not rehash the same discussions. I do think it is important though that we pay keen attention to being competitive and that we stay at the front of the pack. I think this Minister is aware of that and his department is aware of that and they are looking to move in that direction. Some Members have talked about contradictions. I think the Minister is right. I think what we are trying to do here is go after money. Yes, we do not have enough money for programs and services that we want to deliver, but lowering taxes is not necessarily counter-intuitive to that, Mr. Chairman.
If you think about it in terms of if we were to tax people at 100 percent, nobody would work, so lowering taxes would certainly generate more income for us. If we did not tax at all, everybody would work and we would not generate any revenue. Somewhere in the middle ground you find the point at which you can collect the most revenue. I think we are searching for that. Sometimes you raise and sometimes you lower. These are our options, Mr. Chairman, we have fiscal stimulus, that is it. We can either spend money or we can lower taxes if we want to see money pumped into the Northwest Territories economy.
We are not a country. We do not have the benefit of monetary stimulus. We cannot tweak interest rates. We cannot buy or sell government bonds. There is a lot we cannot do. This we can do and I am glad to see the Minister doing it. Thank you.