policyengine-us 1.425.3__py3-none-any.whl → 1.425.4__py3-none-any.whl

policyengine_us/reforms/states/ri/exemption/ri_exemption_reform.py

@@ -86,16 +86,25 @@ def create_ri_exemption_reform() -> Reform:
         def formula(tax_unit, period, parameters):
             p_base = parameters(period).gov.states.ri.tax.income.exemption
 
-            # Personal exemptions use baseline amount
+            # Calculate personal exemptions base amount
             filing_status = tax_unit("filing_status", period)
             personal_exemptions = where(
                 filing_status == filing_status.possible_values.JOINT,
                 2,
                 1,
             )
-            personal_exemption_amount = personal_exemptions * p_base.amount
+            personal_exemption_base = personal_exemptions * p_base.amount
+
+            # Apply baseline phase-out to personal exemptions
+            mod_agi = tax_unit("ri_agi", period)
+            excess_agi = max_(0, mod_agi - p_base.reduction.start)
+            increments = np.ceil(excess_agi / p_base.reduction.increment)
+            reduction_rate = min_(p_base.reduction.rate * increments, 1)
+            personal_exemption_amount = personal_exemption_base * (
+                1 - reduction_rate
+            )
 
-            # Add dependent exemption
+            # Add dependent exemption (has its own phase-out logic)
             dependent_exemption_amount = tax_unit(
                 "ri_dependent_exemption", period
             )

policyengine_us/tests/policy/contrib/states/ri/exemption_reform_test.yaml

@@ -86,3 +86,32 @@
     # Dependent exemption after phaseout: 5_100 - 1_000 = 4_100
     # Final: 5_050 (personal) + 4_100 (dependent) = 9_150
     ri_exemptions: 9_150
+
+- name: RI exemption reform - high income personal exemption baseline phaseout
+  period: 2024
+  reforms: policyengine_us.reforms.states.ri.exemption.ri_exemption_reform.ri_exemption_reform
+  input:
+    gov.contrib.states.ri.dependent_exemption.in_effect: true
+    gov.contrib.states.ri.dependent_exemption.amount: 0
+    people:
+      parent:
+        age: 40
+        employment_income: 300_000
+    tax_units:
+      tax_unit:
+        members: [parent]
+        filing_status: SINGLE
+    households:
+      household:
+        members: [parent]
+        state_name: RI
+  output:
+    # At AGI of $300,000, personal exemption should be fully phased out
+    # Baseline phaseout: starts at $246,450, rate 0.2 per $7,050 increment
+    # Excess AGI: $300,000 - $246,450 = $53,550
+    # Increments: ceil($53,550 / $7,050) = 8
+    # Reduction rate: min(0.2 * 8, 1) = min(1.6, 1) = 1 (100%)
+    # Personal exemption: $5,050 * (1 - 1) = $0
+    # Dependent exemption: $0 (set to $0 in reform)
+    # Final: $0 + $0 = $0
+    ri_exemptions: 0

{policyengine_us-1.425.3.dist-info → policyengine_us-1.425.4.dist-info}/METADATA

@@ -1,6 +1,6 @@
 Metadata-Version: 2.4
 Name: policyengine-us
-Version: 1.425.3
+Version: 1.425.4
 Summary: Add your description here.
 Author-email: PolicyEngine <hello@policyengine.org>
 License-File: LICENSE

{policyengine_us-1.425.3.dist-info → policyengine_us-1.425.4.dist-info}/RECORD

@@ -3390,7 +3390,7 @@ policyengine_us/reforms/states/ri/__init__.py,sha256=BG3Wr6c3tcsIiMfCvqZMsiZp9qa
 policyengine_us/reforms/states/ri/ctc/__init__.py,sha256=L95JQFkq-Srt-n7CSXWytzly6nkhtbrTzomeodskTio,48
 policyengine_us/reforms/states/ri/ctc/ri_ctc_reform.py,sha256=Jm35tP17Bl6hg1Ub5fI9-mzzhx4Hi6XPlRs-Y3do0uI,6023
 policyengine_us/reforms/states/ri/exemption/__init__.py,sha256=hEkhBVlshUVIG8KPHpnoTp1Gg69syHmIote4WlCjOOE,63
-policyengine_us/reforms/states/ri/exemption/ri_exemption_reform.py,sha256=jqL9AQ0XnInNf-sIh69Jajf_TSUkWnk0dAPft1Cr7Ck,4680
+policyengine_us/reforms/states/ri/exemption/ri_exemption_reform.py,sha256=Ebk7kihz9HtBdcoBSp6k4gIFsxt8wHU1C2mBt9DSUhU,5153
 policyengine_us/reforms/tax_exempt/__init__.py,sha256=v3EbtUk6a2jsi9MrOlyb8ckzPyX7EgG7qkI7QXoSGto,65
 policyengine_us/reforms/tax_exempt/tax_exempt_reform.py,sha256=bkW91XMJ-jd23nhq4-PfWJv0YW2whVn98cQikbq6-Z8,2427
 policyengine_us/reforms/treasury/__init__.py,sha256=406jIbu32B57tUKhVLflWxlXf3S4SWjclVqlEtMeMwg,92
@@ -5556,7 +5556,7 @@ policyengine_us/tests/policy/contrib/states/mt/ctc/mt_ctc.yaml,sha256=WYTHmavj-l
 policyengine_us/tests/policy/contrib/states/ny/ny_working_families_tax_credit.yaml,sha256=XPIBSvoA_fbz56jj5oyphaglco44oMwSvLPB5yJNhMM,8232
 policyengine_us/tests/policy/contrib/states/or/rebate/or_rebate_state_tax_exempt.yaml,sha256=P7cuxKGo0GrJrOHoHHrZFfW53cH_IJbwj4mzt3OYq58,1220
 policyengine_us/tests/policy/contrib/states/ri/ctc_reform_test.yaml,sha256=hptunGKb3A4Aey4IYMJn1MVrCXn6i3gORV-oyI9OxTQ,6022
-policyengine_us/tests/policy/contrib/states/ri/exemption_reform_test.yaml,sha256=WRXm43dL8rRTBALkbOQcR54LosxW4LKyxa0XozZmJFQ,2963
+policyengine_us/tests/policy/contrib/states/ri/exemption_reform_test.yaml,sha256=FbL_WhGkZ9q8qODbSPxwzZMOXY4wXHkW9P7_7lPvO_k,3986
 policyengine_us/tests/policy/contrib/tax_exempt/tax_exempt_reform.yaml,sha256=T-NrLa5NoAj3Hu4E4sb-Sbi71aDvbloGG3MLtZOsmgA,2412
 policyengine_us/tests/policy/contrib/taxsim/taxsim_v10.yaml,sha256=0an6UXc229i52BUulZsvpTEphDUi8S6OhG3OT9SjiD4,68577
 policyengine_us/tests/policy/contrib/taxsim/taxsim_v11.yaml,sha256=5JSMXOJ-Dt44jx5yYcJUnBNlY6BfTc5-x_uT9ZigDWs,72309
@@ -8842,8 +8842,8 @@ policyengine_us/variables/input/farm_income.py,sha256=BEKxYmHNNnWJAAvULl5qZJigy5
 policyengine_us/variables/input/geography.py,sha256=Ux0ueAf0rhZaflyEqz81UuXP3xKCKBDvoO3CrKhiQEc,5421
 policyengine_us/variables/input/self_employment_income.py,sha256=PwsGz8R4lRikKWUYOhsC0qosNNLXq4f5SQmfw4S3mk8,511
 policyengine_us/variables/input/self_employment_income_before_lsr.py,sha256=E8fcX9Nlyqz8dziHhQv_euutdmoIwFMMWePUwbbwv_w,379
-policyengine_us-1.425.3.dist-info/METADATA,sha256=eV5VyKJQj8uBUSb3EqCFZfPpYlJvBKB4dU4Y2XnUfqQ,1649
-policyengine_us-1.425.3.dist-info/WHEEL,sha256=qtCwoSJWgHk21S1Kb4ihdzI2rlJ1ZKaIurTj_ngOhyQ,87
-policyengine_us-1.425.3.dist-info/entry_points.txt,sha256=MLaqNyNTbReALyKNkde85VkuFFpdPWAcy8VRG1mjczc,57
-policyengine_us-1.425.3.dist-info/licenses/LICENSE,sha256=2N5ReRelkdqkR9a-KP-y-shmcD5P62XoYiG-miLTAzo,34519
-policyengine_us-1.425.3.dist-info/RECORD,,
+policyengine_us-1.425.4.dist-info/METADATA,sha256=porYlShy3Vef-UTj4DIXE9yXxbG72GBvIs0X6zYr6us,1649
+policyengine_us-1.425.4.dist-info/WHEEL,sha256=qtCwoSJWgHk21S1Kb4ihdzI2rlJ1ZKaIurTj_ngOhyQ,87
+policyengine_us-1.425.4.dist-info/entry_points.txt,sha256=MLaqNyNTbReALyKNkde85VkuFFpdPWAcy8VRG1mjczc,57
+policyengine_us-1.425.4.dist-info/licenses/LICENSE,sha256=2N5ReRelkdqkR9a-KP-y-shmcD5P62XoYiG-miLTAzo,34519
+policyengine_us-1.425.4.dist-info/RECORD,,