Has anyone figured out the total cost for the prebates and the impact that has on the tax rate? To ask another way, how many % of the 30% (exclusive) tax rate is attributable to the prebate?Based on the Farm Bureau analysis for 2001, the 29.87% rate would have been 23.62% without the FCA.
In tax inclusive terms (for those keeping score both ways), that's 23% and 19.1%, respectively.