News Release: The joke in on taxpayers on April Fools’ Day

TORONTO, ON: It’s not an April Fools’ joke: politicians are elevating their very own salaries on the similar time they’re climbing carbon taxes and alcohol taxes.

“The joke is on taxpayers and it isn’t funny as our members of Parliament pocket a pay raise while emptying our wallets with higher carbon and booze taxes,” mentioned Franco Terrazzano, Federal Director of the CTF. “Canadians are struggling with higher prices on everything and the least our MPs could do is cancel the cruel April Fools’ Day joke and end the tax hikes.”

On April 1, the federal carbon tax will improve to about 11 cents per litre of gasoline, 13 cents per litre of diesel and 10 cents per cubic metre of pure gasoline. The carbon tax will price a household about $8.40 each time they gasoline up a minivan with gasoline.

The alcohol escalator tax robotically will increase federal excise taxes on beer, wine and spirits yearly on April 1. Taxes already account for about half of the value of beer, 65 per cent of the value of wine and greater than three quarters of the value of spirits.

In the meantime, MPs are giving themselves pay raises yearly on April 1. This 12 months’s pay increase will vary from an additional $3,700 for a backbench MP to a further $7,400 for Prime Minister Justin Trudeau, in response to the CTF’s estimate based mostly on private-sector union agreements printed by the federal authorities.

“Politicians don’t deserve a raise when they make life less affordable with higher taxes,” mentioned Terrazzano. “The federal government should reverse the pay raises and tax hikes.”

For extra info or to schedule interviews, please contact:

Franco Terrazzano
CTF Federal Director
E mail: .(JavaScript have to be enabled to view this electronic mail tackle)
Twitter: @franco_nomics

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