In 2007, the Social Security Trustees suggested that either the payroll tax could increase to 16.41 percent in 2041 and steadily increased to 17.60 percent in 2081 or a cut in benefits by 25 percent in 2041 and steadily increased to an overall cut of 30 percent in 2081.
effective rate of protection. the real amount of PROTECTION accorded to domestic suppliers of a final product when a TARIFF is applied to a competing imported final product (see IMPORTS), but either no tariff, or a lower rate of tariff, is applied on FACTOR INPUTS that are imported to produce that product.
Crime Rate Law & Legal Definition. Crime rate is a count of crimes complied to assess the effectiveness of a crime control policy, and the impact of the policy on the risk of crime victimization.Often the reported crime rates are not telling you anything useful about risk of crime victimizaion..rime Rate Law & Legal Definition. Crime rate is a count of crimes complied to assess the effectiveness of a crime control policy, and the impact of the policy on the risk of crime victimization.