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Despite alarming news, retirees can still rely on their retirement nest eggs. Dan Kosmayer/Shutterstock.com

Social Security’s future is safe

Social Security will have to dip into its trust fund to pay benefits this year for the first time since 1982. Should we be worried?
Social security is on a collision course with insolvency. A little bit of math could keep it safe. Shutterstock

How mathematics could help us save social security

The US Social Security system has been heading toward insolvency for decades, with the program now projected to run a 25% deficit by a little after 2030, according to the Congressional Budget Office. Despite…
A review of federalism and taxation should begin with recognising the value of what we have created as a nation. Flickr/Ross Thomson

Why we should consider ourselves a nation first, a federation second

The reform of Australia’s federation is under review. So far in our special series, leading Australian academics have discussed the future of the federation when it comes to taxation, education and health…
Finance Minister Mathias Cormann is faced with the challenge of justifying a new tax. Alan Porritt/AAP

Australia’s tax system is half-baked and a deficit levy won’t help

The Victorian government has decided to reduce payroll tax by 0.05%, from 4.9% to 4.85%. The decision comes as the Commonwealth government contemplates an increase in income tax via a deficit levy. But…

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