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Opinion: Higher taxes will hammer British Columbians in 2025

4 0
11.01.2025

While we’re all wishing each other a happy New Year, our politicians are planning to wring even more out of our wallets in 2025.

Premier David Eby and Prime Minister Justin Trudeau are going to make life more expensive by hiking taxes in 2025. Higher payroll taxes (EI and CPP) are going to leave you with a less powerful paycheque and higher carbon taxes are going to make life more expensive.

Instead of an endlessly increasing tax burden, politicians should be cutting taxes to help British Columbians struggling to make ends meet. Government should focus on finding savings by cutting wasteful spending like cost overruns on capital projects and a bloated bureaucracy to save taxpayers money.

Here are the higher taxes that you are going to pay in 2025:

Federally, Trudeau is hiking payroll taxes on Canadians who make more than $64,000.

If a worker makes $81,000 or more, they will pay a total of $5,507 in federal payroll taxes, while their employer is also........

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