The Goods and Services Tax Management Committee (CGIBS) estimated that the rate of future taxes on consumption by the federal government, states and municipalities will total around 28% in 2033, the first year with full taxation, according to the tax reform rule approved in 2024. This will be the level necessary to maintain the current tax burden on consumption, that is, the weight of taxes on this tax base, a determination of the tax reform. High taxes on consumption, in turn, penalize the low-income population - since a greater part of their income is allocated to taxes. The states' projection exceeds the initial estimate of the Extraordinary Secretariat for Tax Reform (Sert) of the Ministry of Finance, which calculated a reference rate of 26.5% for the year 2033. "SERT's initial estimate considered a total reference rate of approximately 26.5%. With the evolution of tax reform regulations, public estimates began to indicate a reference rate of around 28%", informed the CGIBS, in a resolution published in the Official Gazette of the Union. Rate higher than rich countries At 28%, the rate of future taxes on consumption will be higher than countries in the Organization for Economic Cooperation and Development (OECD) — a forum that includes 38 countries with developed economies. "The average general tax rate on consumption in the OECD is 19.4%. Hungary has the highest rate, 27%, while the United States has the lowest, 7.5%", says a survey by the Tax Foundation, from 2025. The Tax Foundation is a non-profit organization that has been operating for more than 80 years making tax assessments and collecting data on taxes around the world. 'Lock' of 26.5% According to the tax reform rules, there is a "lock" so that future taxes on consumption do not exceed the rate of 26.5%, according to the tax reform rule. However, this limit does not come into force immediately. The charge will be calculated, in the first year of force of the new full rates, to maintain the current tax burden. If the rate exceeds this limit, the rule states that the Executive Branch "shall forward to the National Congress a complementary bill proposing measures that reduce the aforementioned percentage to a level equal to or less than 26.5%." Benefits raise the tax rate for everyone The approval of exceptions to the full rate of future consumption taxes during the tax reform process in the National Congress, that is, of benefits for sectors and products, is one of those responsible for the high level of estimated taxation for future taxes — something that was pointed out, at the time, for example, by the national industry. The explanation is that, the greater the number of exceptions, or differentiated regimes - with favored treatment -, the higher the so-called "standard rate", that is, the one that other sectors of the economy, not covered by benefits, have to pay. This is because one of the premises of the reform will maintain the current level of the tax burden - an amount that is collected in proportion to GDP. With sectors and products benefiting from exceptions approved by the Legislature, with lower taxation, all consumers pay more at the normal rate (called standard).