The federal government has quietly increased its massive employment insurance surplus again this year, according to Auditor General Sheila Fraser.
Ottawa continues to over-charge workers and employers for EI premiums, something they’ve been doing every year for the past decade.
This year, the surplus has grown by another $2 billion—despite Liberal government promises they were going to stop overcharging us—according to the auditor general’s November report.
“The accumulated surplus in the account increased by an additional $2 billion in 2004-05 to reach $48 billion by the end of March 2005,” the report says.
Ottawa has been charging us billions more per year than they’re paying out in EI benefits, providing them with a tidy profit to spend on whatever hare-brained, flavour-of-the-month boondoggle they dream up.
They keep track of the accumulated surpluses for accounting purposes. But the money’s not sitting in an account somewhere. It’s spent.
They use it to help pay for the PM’s new jets, the gun registry and the sponsorship program, among other important expenditures.
And they have no plans to pay the money back.
The surplus keeps growing, and they just keep gouging us
http://www.winnipegsun.com/News/Columnists/Brodbeck_Tom/2005/12/10/1346463.html
The Reverend B. (for bullshit) does not know how to prove a point if his aswers are STFU. So STFU if you don't know what you are talking about or not competent to prove your own point of view civily if its any different than mine.
The Gas Tax is part of the cost of living for all Canadians. $10,000 in Gas tax includes the Gas Tax passed on to everyone with the price of goods and service. Most people pay more than this but don't realize they are paying for it since transporation costs and milleage is paid on everything and then passed on in the price of everything.
Some people pay more Gas Tax than Income Tax.