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Trudeau hiking taxes again in 2024

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5 minute read

From the Canadian Taxpayers Federation

Author: Franco Terrazzano

 

Brace for impact, taxpayers.

Prime Minister Justin Trudeau will be reaching deeper into your pockets in the new year with payroll tax hikes, a carbon tax hike and alcohol tax hikes.

Canadians will be paying higher payroll taxes because of the mandatory rising Canada Pension Plan and Employment Insurance contributions.

If you make $73,200 or more, you’ll be paying an extra $347 in payroll taxes in 2024, for a total tax bill of $5,104.

Your employer will also be forced to fork over $5,524 in the new year.

The federal government is imposing a new tax, which it calls “CPP2.” The original CPP taxes your income at six per cent up to $68,500. The new CPP2 expands that threshold and taxes additional income at four per cent up to $73,200.

Trudeau likes to claim he’s “working to make life more affordable.” But he’s also hiking a tax that directly makes life more expensive: the carbon tax.

The carbon tax increases the price of gasoline, diesel and home heating fuels, which is a big deal in our vast, cold country. The carbon tax also makes groceries more expensive, as it increases costs for the farmers who grow our food and the truckers who deliver it.

The carbon tax will cost the average family up to $911 in 2024 even after the rebates, according to the Parliamentary Budget Officer.

The feds are also scheming up a digital services tax. This new tax targets social media platforms, companies operating digital marketplaces, and businesses earning revenue from online advertising, such as Amazon, Google, Facebook, Uber and Airbnb.

Consumers should expect to pay higher prices because of the tax. When faced with the three per cent DST in France, Amazon increased its commission charge to French vendors by the same amount.

You could be forgiven if all these tax hikes drive you to drink.

But when you pick up that case of Blue, a bottle of pinot or a mickey of rum, Trudeau will be taking an extra 4.7 per cent from you through his alcohol tax hikes.

Next year’s federal alcohol tax hike is expected to cost taxpayers almost $100 million.

Taxes in Canada 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.

While Trudeau hikes taxes, many other countries are providing relief.

The Canadian Taxpayers Federation identified 51 national governments that provided tax relief during the pandemic or to ease the burdens of inflation. Those governments include more than half of the G7 and G20 countries and two-thirds of the countries in the Organization for Economic Co-operation and Development.

Provincial governments – of all political stripes – are also providing relief.

Manitoba’s NDP government is suspending its fuel tax in the new year. Gas tax relief from Ontario’s Progressive Conservatives will save a family with a minivan and pick-up truck about $185 through June 2024. And the Liberals in Newfoundland and Labrador cut their gas tax by eight cents per litre.

The Alberta government promised to cut personal income taxes and passed legislation requiring a vote before a government can increase income or business taxes. Manitoba’s income tax cuts could save an individual taxpayer more than $2,000. Quebec lowered its income tax rate on the first two brackets. New Brunswick implemented significant income tax relief in 2023. And Prince Edward Island’s income tax cut will save middle-class taxpayers up to $200.

The fastest, simplest and easiest way for Trudeau to make all areas of life more affordable is to ditch his high-tax policies and allow Canadians to keep more of our money.

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Mike Benz Exposes How USAID Funds State-Sponsored Hit Pieces to Crush Political Opponents

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Vigilant News

USAID wasn’t just funding biased reporting. They were actively reshaping foreign governments.

Former State Department official Mike Benz, an expert on cyber policy, censorship, and information warfare, appeared on The Joe Rogan Experience Wednesday and dropped jaw-dropping insights into USAID’s absurd abuse of US tax dollars.

According to Benz, USAID has been funneling taxpayer dollars into so-called investigative journalism, but the real goal isn’t transparency—it is control.

“Everything they do is a hit piece about an instance of corruption that can be used by prosecutors in the area to arrest the political opponents of the State Department,” Benz explained.

USAID’s program, officially called Strengthening Transparency and Accountability through Investigative Reporting, claims to promote a free press. But Benz revealed its true purpose is to ruin people’s lives and go after political targets in order to change the policies of foreign governments from the inside.

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For a mere investment of $20 million, USAID’s state-sponsored hit pieces were able to:

• Generate at least $4.5 billion in fines against targets of these hit pieces.

• Influence over 548 policy changes across foreign governments and private sectors.

USAID justified these programs under the term “capacity building,” which Benz warned is a red flag. “Now, this is the phrase everybody has to know. Capacity building is what this is all built under. That means pumping up the Blob’s assets, he explained.

And USAID wasn’t just funding biased reporting. They were actively reshaping foreign governments. Benz revealed 548 policy changes resulted from these state-sponsored media attacks, which he suggested were for the “furtherance of USAID’s or the State Department’s foreign policy goals.”

Think about what that means. The U.S. government is secretly funding media outlets to push narratives, destroy political opponents, and manipulate foreign policy, all under the guise of investigative journalism.

The question is – if they’re doing this overseas, how much of it is happening at home?

Watch the full conversation below:

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Trump gains ground in war against DEI

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From The Center Square

By Casey Harper

A major shift is underway in the way large companies talk about and fund Diversity, Equity and Inclusion programs.

President Donald Trump began the transition when he signed an executive order last month eliminating DEI policies and staff at the federal government and extending the anti-DEI policy to federal contractors.

Private companies, some of which had already begun the transition before Trump took office, remarkably began backing off their DEI policies, even if only symbolically with little internal change.

Costco resisted, pushing back on the Trump administration, but other major brands like Amazon Wal-Mart, Target, and Meta announced a pullback from DEI. Media reports indicated DEI discussions on earnings calls has plummeted.

Others, such as Wisconsin-based financial services company Fiserv, have not yet made a change, at least not publicly.

A murky legal future awaits companies willing to take the risk to stick with DEI policies, particularly in hiring.

Fiserv receives hundreds of millions of dollars in government contracts.

According to Fiserv’s website’s Diversity & Inclusion page, the company is “committed to promoting diversity and inclusion (D&I) across all levels of the organization, in our communities and throughout our industry.”

Fiserv says that it “partner[s] with people and organizations around the world to advance our D&I efforts and create opportunities for our employees, entrepreneurs around the world and the next generation of innovators.”

The company’s diversity and inclusion page includes a careers section that discusses “engaging diverse talent” and events to connect with “diverse candidates.”

Critics of DEI initiatives and policies say they discriminate against white men and Asians and lead to hiring and promotion decisions based on factors such as race and sexual orientation rather than merit.

In its 2023 Corporate Social Responsibility Report, the company boasted that “60% of director nominees for the 2024 annual meeting reflect gender or racial/ethnic diversity.”

According to an April 2024 report from Payments Dive, Fiserv was “buoyed by sales to government entities” in Q1 of 2024 and reported $500 million in revenue from those contracts. The U.S. Coast Guard contracted with Fiserv in 2024 to help with payroll, according to HigherGov, among other government contracts.

Fiserv did not respond to multiple requests for comment.

A watershed moment against DEI came when during the Biden administration, the U.S. Supreme Court ruled against longstanding affirmative action policies at American universities, one key example of white and Asian Americans being discriminated against.

Trump’s election has only solidified the new legal framework for what is permissible when considering race and gender in hiring, promotion, and workplace etiquette.

From Trump’s order:

In the private sector, many corporations and universities use DEI as an excuse for biased and unlawful employment practices and illegal admissions preferences, ignoring the fact that DEI’s foundational rhetoric and ideas foster intergroup hostility and authoritarianism.

Billions of dollars are spent annually on DEI, but rather than reducing bias and promoting inclusion, DEI creates and then amplifies prejudicial hostility and exacerbates interpersonal conflict.

DEI has become increasingly controversial as activists use the moniker to advance every liberal policy on race and gender, often at taxpayer expense. In the federal government, DEI had become widespread and infiltrated into every part of governance, from racial quotas for promotions at the Pentagon to driving healthcare research at the National Institutes of Health.

At private companies, DEI policies guided investment decisions via ESG (Environmental, Social Governance) as well as personnel decisions with racial quotas for company board rooms. Those ideas are out of favor with the Trump administration.

Some of the companies resisting the shift from DEI could face legal action.

A coalition of state attorneys general sent a letter to Costco alleging it is violating the law, as The Center Square previously reported.

“Although Costco’s motto is ‘do the right thing,’ it appears that the company is doing the wrong thing – clinging to DEI policies that courts and businesses have rejected as illegal,” the letter said.

This week, Missouri Attorney General Andrew Bailey filed a lawsuit against Starbucks for similar policies.

“By making employment decisions based on characteristics that have nothing to do with one’s ability to work well, Starbucks, for example, hires people by thumbing the scale based on at least one of Starbucks’ preferred immutable characteristics rather than an evaluation of an applicant’s merit and qualifications,” the lawsuit said. “Making hiring decision on non-merit considerations will skew the hiring pool towards people who are less qualified to perform their work, increasing costs for Missouri’s consumers.”

A 2022 Starbucks document touts a DEI goal: “By 2025, our goal is to achieve BIPOC representation of at least 30% at all corporate levels and at least 40% at all retail and manufacturing roles.”

Bailey called the Starbucks policies discriminatory and illegal.

“With Starbucks’ discriminatory patterns, practices, and policies, Missouri’s consumers are required to pay higher prices and wait longer for goods and services that could be provided for less had Starbucks employed the most qualified workers, regardless of their race, color, sex, or national origin,” Bailey said. “As Attorney General, I have a moral and legal obligation to protect Missourians from a company that actively engages in systemic race and sex discrimination. Racism has no place in Missouri. We’re filing suit to halt this blatant violation of the Missouri Human Rights Act in its tracks.”

Casey Harper

Casey Harper

D.C. Bureau Reporter

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