While Stephen Harper's Conservatives continue to try to twist Michael Ignatieff's words out of context and meaning to make you think he *might* one day raise taxes, his Conservative government ACTUALLY IS raising taxes. From higher airport security fees, to pulling funding for policing at airports (because we should have to pay a user fee for police protection, right?), to the most egregious example of all: his $525 tax hike on jobs:
Canada's budget watchdog says employment insurance premiums are going up, and by a lot.Yes, that means you will be paying another $223 off your pay check to the feds every year, while your employer will be on the hook for another $312. What better way to ensure the economic recovery than a tax hike that will discourage employers from creating new jobs by making it more expensive for them to do so?
The parliamentary budget office estimates that EI premiums paid by workers and employers will need to rise by the maximum allowable limit of 15 cents per $100 of insurable earnings to return the fund to near balance in five years.
That would hike annual contributions per worker by $535 — with about $223 more being paid by the employee and $312 by the employer.