JUSTIN TRUDEAU IS HITTING ALREADY STRUGGLING CANADIANS WITH ANOTHER TAX HIKE – 2% INCREASE ON ALCOHOL EXCISE TAX
On April 1st, Canadians are being hit with yet another tax hike from Justin Trudeau and his Liberal government. As a result of the Liberals’ escalator excise tax, the cost of alcohol increases every year, adding to the tax burden on Canadians. This year, it’s an increase of 2%.
According to the Canadian Taxpayers Federation (CTF), taxes already make up:
50% of the cost of beer;
65% of the cost of wine; and
75% of the cost of spirits (CTV News Toronto, March 13, 2023).