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Tax man to hit Canadian workers harder in 2011
Wednesday, December 29th, 2010
Dec. 28, 2010
The Canadian Taxpayers Federation released its annual tax calculations Tuesday and projected an average increase of 2 per cent in 2011 over 2010. The federation said Ontario residents will see the sharpest payroll tax hike… “Nationally, the culprit is EI. The federal government has created new social programs that it’s decided will be funded through EI premiums, even though most of these things have little if anything to do with employment insurance as the words should actually mean.” … payroll taxes disproportionately hurt the working poor, since they have less money to spare.
Tags: budget, standard of living, tax
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