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Old 08-25-2023, 02:47 PM   #8158
opendoor
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Quote:
Originally Posted by calgarygeologist View Post
Tax hikes, not cut taxes. I might be wrong but I'm assuming this primarily refers to rolling back the increases this year in EI and CPP contributions.
EI premiums are still well below (about 13% lower) they were when the Liberals came into power and about 40% lower than they were 25 years ago, so I don't really understand that. Particularly given that the increase in premiums for 2023 represents about $50/year (assuming you earn enough to max out EI contributions).

As for CPP, what's that really going to achieve? We already have some of the lowest social security contributions in the industrialized world (even the US has higher contributions than we do to Social Security). OAS is the real elephant in the room, and a more robust CPP would allow them to potentially scale back OAS down the road.

To be fair, we're not in an election so you can't expect fully fledged plans, but those are some pretty terrible policy ideas.
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