[lewislynn]

It is also going to decrease to 20% inclusive/25% exclusive next year.

Is a 25% sales tax rate supposed to excite us?

[Principled]

It might excite you. The purpose of providing information is to inform.... not to excite.

[Remember_Salamis]

Is a 25% sales tax rate supposed to excite us?

-- LL, you know damn well that the prebate makes it progressive. Even a family of four making $100,000 a year would only pay 17.25%. And that's if they consumed 100% of their income. The same family making $50,000 pays an 11.5% tax under the same circumstances.