Polling reveals people abhor your decision to raise the retirement age and they force you to lower it again. As a firm leader, you consider raising taxes to $2000 per year on each of the young. While this is bound to be unpopular in the short run, if you save Medisure, it might establish your legacy. Will the Medisure trust fund ever go bankrupt now? If so, when? Assume that you are starting over in 2020 

Please show us how you come up with the calculation. Thank you.

Answer rating: 100% (QA)

To determine whether the Medisure trust fund will go bankrupt after implementing the 2000 per year tax increase on each young person we need to consid... View the full answer