CTF: The Joke is on Taxpayers this April Fools' Day
Carbon tax increases
Booze taxes increase
MP pay increases
CALGARY, AB: The Canadian Taxpayers Federation isn’t laughing at this year’s April Fools’ jokes from the federal government as it hikes its carbon tax, alcohol taxes and salaries for members of Parliament.
“Today the joke is on taxpayers and it isn’t funny as our MPs pocket a pay raise while taking more money out of our wallets through a higher carbon tax and booze taxes,” said Franco Terrazzano, the CTF’s Alberta Director.
The federal carbon tax increases to $40/tonne today, which will cost a family about $7 every time they fill up their minivan with gasoline.
First passed in the 2017 federal budget, the alcohol escalator tax automatically increases excise taxes on beer, wine and spirits every year by the rate of inflation on April 1. Taxes already account for about half of the price of beer, 65 per cent of the price of wine and more than three quarters of the price of spirits.
MPs are eligible for raises each year on April 1. Last year a backbench MP received an extra $3,700. This year the CTF estimates each MP will receive an extra 1.7 per cent, based on contract data published by the government of Canada.
“With millions of Canadians struggling through the COVID-19 downturn, the least our MPs could do is cancel this cruel April Fools' Day joke and end the tax and politician pay hikes,” said Terrazzano