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.
As stated in the question, we informed you that the original amount of the policy limit was $222,285.00. We then stated that, by endorsement, the limit of liability increased by 125% or to $277,856.25, with the Inflation Guard protection for coverage A. This expense is included in the limit of liability that applies to the damaged property. There are two key words in that sentence.