I thought CMD had it set at 0.7% it's certainly higher than most of other places in the World.
For example the US is 0.19% same as Portugal and Japan
Australia is 0.27%
Germany (in the EU) is set at 0.41%
France (also in the EU) is 0.36%
I'd say we have some room to maneuver personally...
[Figures from here:
https://www.theguardian.com/global-d...-most-generous ]