LILLEY: Taxes are only rising under Trudeau in new year cdnpoli
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To most people, that means a tax, but even if you accept their definition, employers will still be paying those payroll taxes without getting any services.Article content The CTF estimates that payroll taxes will cost a middle-class worker $4,756 in 2023 while still costing their employer an additional $5,157. That doesn’t include income taxes.
“The maximum additional amount that an employee will pay in EI and CPP contributions is $304.71. It may not seem like a lot, but $300 can cost one family a trip to the grocery store or pay for their transportation or utility bills,” said Dan Kelly, president at CFIB.Kelly said the increases combined with inflation and labour shortages are putting employers in a very bad spot.That’s unlikely to happen given the Trudeau government’s spending patterns.
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