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.
The updated per Km rates are usually released with an updated regulation once a year, towards the latter part of the applicable financial year. The claim is made out by first selecting the applicable Rate per Km, and then multiplying that by the number of kilometres (up to 5,000): $Claim = Rate (cents) x Kms.he updated per Km rates are usually released with an updated regulation once a year, towards the latter part of the applicable financial year. The claim is made out by first selecting the applicable Rate per Km, and then multiplying that by the number of kilometres (up to 5,000): $Claim = Rate (cents) x Kms.