CPP, EI and medical are benefits – not taxes

Primer on federal benefits offered up by News reader

For the second year in a row, the B.C. Taxpayers Federation is spreading misinformation about payroll tax and MSP premiums.

MSP premiums are not a tax they are a user fee. Depending on your net income, you can have all or part of your MSP premiums subsidized.

The provincial government has nothing to do with CPP or EI premiums and only those who earn more than $50,000 a year pay the maximum CPP contributions.

You do not pay CPP premiums on the first $3,500 you earn each year, and you do not pay CPP when you are under 18 and over 70.

The more you contribute to your CPP, the more you get back later in life.

As for EI, hopefully you get some back in lean times. There was no EI or CPP during the Depression. In fact, their was no income tax until midway through the First World War.

Employment Insurance, then called Unemployment Insurance, commenced in 1941 as a result of the Great Depression of the 1930s.

Andre Mollon

Langford

Just Posted

Prolific offender found sleeping in Oak Bay resident’s car

Of 106 calls to 911 last week, eight were abandoned

RCMP confirm foul play in death of 60-year-old Metchosin man

Police believe crime an isolated incident

Researchers head out from Sidney to explore Canada’s largest underwater volcano

The Explorer Seamount is as large as Greater Vancouver and full of previously undiscovered species

RCMP identify Sidney bank robbery suspect, believe he is still on Vancouver Island

Warrant issued for arrest of North Vancouver man for TD Bank robbery

BC Ferries’ top boss helps clean Willows Beach

Old shoe, men’s underpants and too many cigarette butts on Willows

VIDEO: Dashcam video captures moment Victoria cyclist struck

Police seeking cyclist captured in video

UPDATE: Youth seen with gun at Nanaimo mall, suspect now in custody

Woodgrove Centre shut down during police incident

B.C. man dies from rabies after contact with Vancouver Island bat

Last known case of human rabies in B.C. was 16 years ago

Crown recommends up to two-year jail term for former Bountiful leader

Crown says sentence range should be 18 months to two years for Bountiful child removal case

VIDEO: Wolf spotted swimming ashore on northern Vancouver Island

Island wolf population estimated at under 150 in 2008, says VI-Wilds

Diversity a Canadian strength, Trudeau says of Trump tweets at congresswomen

Trudeau avoided using Trump’s name when he was asked about the president’s Twitter comments

Garneau ‘disappointed’ in airlines’ move against new passenger bill of rights

New rules codified compensation for lost luggage, overbooked flights

Canadian is detained in China on drug allegations: Chinese government

Detention of a Canadian in China comes as part a diplomatic dispute triggered by arrest of Huawei exec Meng Wanzhou

Rare white ravens spotted again in mid-Island

Nature photographer Mike Yip said mysterious birds back in Coombs area

Most Read