CCI: WHY WILL TAX RATES RISE BY 50% THIS CENTURY? “The significant aging of world population would mean a large increase in the ratio of dependents (those under age 15 or over 59) to the population

12/20/2003 at 6:46 PM Posted by Catholic Citizens of Illinois

CCI: WHY WILL TAX RATES RISE BY 50% THIS CENTURY? “The significant aging of world population would mean a large increase in the ratio of dependents (those under age 15 or over 59) to the population of working age (those aged 15 to 59). In the medium scenario, the world’s dependency ratio rises from 0.7 in 2000 to 1.1 in 2300. This means there will be more than one dependent per person of working age.”