taxcalc 4.2.1__py3-none-any.whl → 4.2.2__py3-none-any.whl

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Files changed (123) hide show
  1. taxcalc/__init__.py +1 -1
  2. taxcalc/assumptions/ASSUMPTIONS.md +53 -0
  3. taxcalc/assumptions/README.md +17 -0
  4. taxcalc/assumptions/economic_assumptions_template.json +77 -0
  5. taxcalc/calcfunctions.py +7 -4
  6. taxcalc/data.py +10 -5
  7. taxcalc/policy_current_law.json +2033 -184
  8. taxcalc/reforms/2017_law.json +125 -0
  9. taxcalc/reforms/2017_law.out.csv +10 -0
  10. taxcalc/reforms/ARPA.json +78 -0
  11. taxcalc/reforms/ARPA.out.csv +10 -0
  12. taxcalc/reforms/BrownKhanna.json +23 -0
  13. taxcalc/reforms/BrownKhanna.out.csv +10 -0
  14. taxcalc/reforms/CARES.json +40 -0
  15. taxcalc/reforms/CARES.out.csv +10 -0
  16. taxcalc/reforms/ConsolidatedAppropriationsAct2021.json +15 -0
  17. taxcalc/reforms/ConsolidatedAppropriationsAct2021.out.csv +10 -0
  18. taxcalc/reforms/Larson2019.json +36 -0
  19. taxcalc/reforms/Larson2019.out.csv +10 -0
  20. taxcalc/reforms/README.md +22 -0
  21. taxcalc/reforms/REFORMS.md +92 -0
  22. taxcalc/reforms/Renacci.json +61 -0
  23. taxcalc/reforms/Renacci.out.csv +10 -0
  24. taxcalc/reforms/SandersDeFazio.json +15 -0
  25. taxcalc/reforms/SandersDeFazio.out.csv +10 -0
  26. taxcalc/reforms/TCJA.json +160 -0
  27. taxcalc/reforms/TCJA.md +48 -0
  28. taxcalc/reforms/TCJA.out.csv +10 -0
  29. taxcalc/reforms/Trump2016.json +71 -0
  30. taxcalc/reforms/Trump2016.out.csv +10 -0
  31. taxcalc/reforms/Trump2017.json +51 -0
  32. taxcalc/reforms/Trump2017.out.csv +10 -0
  33. taxcalc/reforms/archive/Clinton2016.json +56 -0
  34. taxcalc/reforms/archive/RyanBrady.json +104 -0
  35. taxcalc/reforms/archive/TCJA_House.json +144 -0
  36. taxcalc/reforms/archive/TCJA_House_Amended.json +152 -0
  37. taxcalc/reforms/archive/TCJA_Reconciliation.json +187 -0
  38. taxcalc/reforms/archive/TCJA_Senate.json +116 -0
  39. taxcalc/reforms/archive/TCJA_Senate_111417.json +169 -0
  40. taxcalc/reforms/archive/TCJA_Senate_120117.json +174 -0
  41. taxcalc/reforms/cases.csv +10 -0
  42. taxcalc/reforms/clp.out.csv +10 -0
  43. taxcalc/reforms/ext.json +59 -0
  44. taxcalc/reforms/growfactors_ext.csv +65 -0
  45. taxcalc/reforms/ptaxes0.json +37 -0
  46. taxcalc/reforms/ptaxes0.out.csv +10 -0
  47. taxcalc/reforms/ptaxes1.json +21 -0
  48. taxcalc/reforms/ptaxes1.out.csv +10 -0
  49. taxcalc/reforms/ptaxes2.json +18 -0
  50. taxcalc/reforms/ptaxes2.out.csv +10 -0
  51. taxcalc/reforms/ptaxes3.json +28 -0
  52. taxcalc/reforms/ptaxes3.out.csv +10 -0
  53. taxcalc/reforms/rounding2022.json +153 -0
  54. taxcalc/reforms/rounding2022.out.csv +10 -0
  55. taxcalc/tests/benefits_expect.csv +169 -0
  56. taxcalc/tests/cmpi_cps_expect.txt +132 -0
  57. taxcalc/tests/cmpi_puf_expect.txt +132 -0
  58. taxcalc/tests/conftest.py +143 -0
  59. taxcalc/tests/cpscsv_agg_expect.csv +26 -0
  60. taxcalc/tests/puf_var_correl_coeffs_2016.csv +80 -0
  61. taxcalc/tests/puf_var_wght_means_by_year.csv +80 -0
  62. taxcalc/tests/pufcsv_agg_expect.csv +26 -0
  63. taxcalc/tests/pufcsv_mtr_expect.txt +63 -0
  64. taxcalc/tests/reforms.json +649 -0
  65. taxcalc/tests/reforms_expect.csv +65 -0
  66. taxcalc/tests/test_4package.py +67 -0
  67. taxcalc/tests/test_benefits.py +86 -0
  68. taxcalc/tests/test_calcfunctions.py +871 -0
  69. taxcalc/tests/test_calculator.py +1021 -0
  70. taxcalc/tests/test_compare.py +336 -0
  71. taxcalc/tests/test_compatible_data.py +338 -0
  72. taxcalc/tests/test_consumption.py +144 -0
  73. taxcalc/tests/test_cpscsv.py +163 -0
  74. taxcalc/tests/test_data.py +133 -0
  75. taxcalc/tests/test_decorators.py +332 -0
  76. taxcalc/tests/test_growdiff.py +102 -0
  77. taxcalc/tests/test_growfactors.py +94 -0
  78. taxcalc/tests/test_parameters.py +617 -0
  79. taxcalc/tests/test_policy.py +1575 -0
  80. taxcalc/tests/test_puf_var_stats.py +194 -0
  81. taxcalc/tests/test_pufcsv.py +385 -0
  82. taxcalc/tests/test_records.py +234 -0
  83. taxcalc/tests/test_reforms.py +385 -0
  84. taxcalc/tests/test_responses.py +41 -0
  85. taxcalc/tests/test_taxcalcio.py +755 -0
  86. taxcalc/tests/test_tmdcsv.py +38 -0
  87. taxcalc/tests/test_utils.py +792 -0
  88. taxcalc/tmd_growfactors.csv +54 -54
  89. taxcalc/tmd_weights.csv.gz +0 -0
  90. taxcalc/validation/CSV_INPUT_VARS.md +29 -0
  91. taxcalc/validation/CSV_OUTPUT_VARS.md +63 -0
  92. taxcalc/validation/README.md +68 -0
  93. taxcalc/validation/taxsim35/Differences_Explained.md +54 -0
  94. taxcalc/validation/taxsim35/README.md +139 -0
  95. taxcalc/validation/taxsim35/expected_differences/a17-taxdiffs-expect.csv +25 -0
  96. taxcalc/validation/taxsim35/expected_differences/a18-taxdiffs-expect.csv +25 -0
  97. taxcalc/validation/taxsim35/expected_differences/a19-taxdiffs-expect.csv +25 -0
  98. taxcalc/validation/taxsim35/expected_differences/a20-taxdiffs-expect.csv +25 -0
  99. taxcalc/validation/taxsim35/expected_differences/a21-taxdiffs-expect.csv +25 -0
  100. taxcalc/validation/taxsim35/expected_differences/b17-taxdiffs-expect.csv +25 -0
  101. taxcalc/validation/taxsim35/expected_differences/b18-taxdiffs-expect.csv +25 -0
  102. taxcalc/validation/taxsim35/expected_differences/b19-taxdiffs-expect.csv +25 -0
  103. taxcalc/validation/taxsim35/expected_differences/b20-taxdiffs-expect.csv +25 -0
  104. taxcalc/validation/taxsim35/expected_differences/b21-taxdiffs-expect.csv +25 -0
  105. taxcalc/validation/taxsim35/expected_differences/c17-taxdiffs-expect.csv +25 -0
  106. taxcalc/validation/taxsim35/expected_differences/c18-taxdiffs-expect.csv +25 -0
  107. taxcalc/validation/taxsim35/expected_differences/c19-taxdiffs-expect.csv +25 -0
  108. taxcalc/validation/taxsim35/input_setup.py +67 -0
  109. taxcalc/validation/taxsim35/main_comparison.py +183 -0
  110. taxcalc/validation/taxsim35/prepare_taxcalc_input.py +161 -0
  111. taxcalc/validation/taxsim35/process_taxcalc_output.py +140 -0
  112. taxcalc/validation/taxsim35/taxsim_emulation.json +49 -0
  113. taxcalc/validation/taxsim35/taxsim_input.py +321 -0
  114. taxcalc/validation/taxsim35/tc_sims.py +98 -0
  115. taxcalc/validation/taxsim35/tests_35.py +80 -0
  116. taxcalc/validation/tests_35.sh +13 -0
  117. {taxcalc-4.2.1.dist-info → taxcalc-4.2.2.dist-info}/METADATA +3 -4
  118. taxcalc-4.2.2.dist-info/RECORD +144 -0
  119. {taxcalc-4.2.1.dist-info → taxcalc-4.2.2.dist-info}/WHEEL +1 -1
  120. taxcalc-4.2.1.dist-info/RECORD +0 -34
  121. {taxcalc-4.2.1.dist-info → taxcalc-4.2.2.dist-info}/LICENSE +0 -0
  122. {taxcalc-4.2.1.dist-info → taxcalc-4.2.2.dist-info}/entry_points.txt +0 -0
  123. {taxcalc-4.2.1.dist-info → taxcalc-4.2.2.dist-info}/top_level.txt +0 -0
@@ -0,0 +1,144 @@
1
+ // Title: Tax Cuts and Jobs Act, House version, Chairman's mark (as of 11-3-17)
2
+ // Reform_File_Author: Cody Kallen
3
+ // Reform_Reference: https://waysandmeans.house.gov/wp-content/uploads/2017/11/20171106-Amendment-in-the-Nature-of-a-Substitute-to-H.R.-1.pdf
4
+ // Reform_Baseline: 2017_law.json
5
+ // Reform_Description:
6
+ // - New personal income tax schedule (regular/non-AMT/non-pass-through) (1)
7
+ // - New pass-through income tax schedule, with qualifying rules (2)
8
+ // - New standard deductions (3)
9
+ // - Repeal personal exemption (4)
10
+ // - New nonrefundable credits, phase-out with child tax credit (5)
11
+ // - Repeal Alternative Minimum Tax (6)
12
+ // - Minor changes to capital brackets for long-term gains and dividends (7)
13
+ // - Changes to above-the-line deductions (8)
14
+ // - Changes to itemized deductions (9)
15
+ // - Repeal of certain credits (10)
16
+ // - Adopt Chained CPI for parameter indexing (11)
17
+ // Reform_Parameter_Map:
18
+ // - 1: _II_rt*
19
+ // - 2: _PT_rt*
20
+ // - 3: _STD, _STD_Dep, _STD_Aged (can safely ignore WARNINGs about _STD_Dep values)
21
+ // - 4: _II_em
22
+ // - 5: _DependentCredit_*, _FilerCredit_c, _CTC_ps
23
+ // - 6: _AMT_rt*
24
+ // - 7: _CG_brk*
25
+ // - 8: _ALD_*
26
+ // - 9: _ID_*
27
+ // - 10: _CR_SchR_hc, _LLC_Ecpense_c
28
+ // - 11: _cpi_offset
29
+ {
30
+ "policy": {
31
+ "_II_rt1":
32
+ {"2018": [0.12]},
33
+ "_II_rt2":
34
+ {"2018": [0.25]},
35
+ "_II_rt3":
36
+ {"2018": [0.35]},
37
+ "_II_rt4":
38
+ {"2018": [0.396]},
39
+ "_II_rt5":
40
+ {"2018": [0.456]},
41
+ "_II_rt6":
42
+ {"2018": [0.396]},
43
+ "_II_rt7":
44
+ {"2018": [0.396]},
45
+ "_II_brk1":
46
+ {"2018": [[45000, 90000, 45000, 67500, 90000]]},
47
+ "_II_brk2":
48
+ {"2018": [[200000, 260000, 130000, 200000, 260000]]},
49
+ "_II_brk3":
50
+ {"2018": [[500000, 1000000, 500000, 500000, 1000000]]},
51
+ "_II_brk4":
52
+ {"2018": [[1000000, 1200000, 1000000, 1000000, 1200000]]},
53
+ "_II_brk5":
54
+ {"2018": [[1207000, 1614000, 1207000, 1310500, 1614000]]},
55
+ "_II_brk6":
56
+ {"2018": [[2000000, 2000000, 2000000, 2000000, 2000000]]},
57
+ "_PT_rt1":
58
+ {"2018": [0.12]},
59
+ "_PT_rt2":
60
+ {"2018": [0.25]},
61
+ "_PT_rt3":
62
+ {"2018": [0.25]},
63
+ "_PT_rt4":
64
+ {"2018": [0.25]},
65
+ "_PT_rt5":
66
+ {"2018": [0.31]},
67
+ "_PT_rt6":
68
+ {"2018": [0.25]},
69
+ "_PT_rt7":
70
+ {"2018": [0.25]},
71
+ "_PT_brk1":
72
+ {"2018": [[45000, 90000, 45000, 67500, 90000]]},
73
+ "_PT_brk2":
74
+ {"2018": [[200000, 260000, 130000, 200000, 260000]]},
75
+ "_PT_brk3":
76
+ {"2018": [[500000, 1000000, 500000, 500000, 1000000]]},
77
+ "_PT_brk4":
78
+ {"2018": [[1000000, 1200000, 1000000, 1000000, 1200000]]},
79
+ "_PT_brk5":
80
+ {"2018": [[1207000, 1614000, 1207000, 1310500, 1614000]]},
81
+ "_PT_brk6":
82
+ {"2018": [[2000000, 2000000, 2000000, 2000000, 2000000]]},
83
+ "_PT_EligibleRate_active":
84
+ {"2018": [0.3]},
85
+ "_PT_EligibleRate_passive":
86
+ {"2018": [1.0]},
87
+ "_PT_wages_active_income":
88
+ {"2018": [true]},
89
+ "_PT_top_stacking":
90
+ {"2018": [false]},
91
+ "_STD":
92
+ {"2018": [[12000, 24000, 12000, 18000, 24000]]},
93
+ "_STD_Dep":
94
+ {"2018": [500]},
95
+ "_STD_Aged":
96
+ {"2018": [[0, 0, 0, 0, 0]]},
97
+ "_II_em":
98
+ {"2018": [0]},
99
+ "_CTC_ps":
100
+ {"2018": [[115000, 230000, 115000, 115000, 115000]]},
101
+ "_CTC_c":
102
+ {"2018": [1100], "2019": [1200], "2023": [1300], "2027": [1400]},
103
+ "_DependentCredit_Child_c":
104
+ {"2018": [500], "2019": [400], "2023": [300], "2027": [200]},
105
+ "_DependentCredit_Nonchild_c":
106
+ {"2018": [300], "2023": [0]},
107
+ "_DependentCredit_before_CTC":
108
+ {"2018": [true]},
109
+ "_FilerCredit_c":
110
+ {"2018": [[300, 600, 300, 300, 300]], "2023": [[0, 0, 0, 0, 0]]},
111
+ "_AMT_rt1":
112
+ {"2018": [0]},
113
+ "_AMT_rt2":
114
+ {"2018": [0]},
115
+ "_CG_brk1":
116
+ {"2018": [[38600, 77200, 38600, 51700, 77200]]},
117
+ "_CG_brk2":
118
+ {"2018": [[425800, 479000, 239500, 452400, 479000]]},
119
+ "_ALD_DomesticProduction_hc":
120
+ {"2018": [1]},
121
+ "_ALD_StudentLoan_hc":
122
+ {"2018": [1]},
123
+ "_ALD_Tuition_hc":
124
+ {"2018": [1]},
125
+ "_ID_prt":
126
+ {"2018": [0]},
127
+ "_ID_StateLocalTax_hc":
128
+ {"2018": [1]},
129
+ "_ID_RealEstate_c":
130
+ {"2018": [[10000, 10000, 10000, 10000, 10000]]},
131
+ "_ID_Casualty_hc":
132
+ {"2018": [1]},
133
+ "_ID_Medical_hc":
134
+ {"2018": [1]},
135
+ "_ID_Miscellaneous_hc":
136
+ {"2018": [1]},
137
+ "_CR_SchR_hc":
138
+ {"2018": [1]},
139
+ "_LLC_Expense_c":
140
+ {"2018": [0]},
141
+ "_cpi_offset":
142
+ {"2017": [-0.0025]}
143
+ }
144
+ }
@@ -0,0 +1,152 @@
1
+ // Title: Tax Cuts and Jobs Act, House version, Amended (as of 11-9-17)
2
+ // Reform_File_Author: Cody Kallen and Matt Jensen
3
+ // Reform_Reference: https://waysandmeans.house.gov/chairman-brady-offers-second-amendment-tax-cuts-jobs-act/
4
+ // Reform_Baseline: 2017_law.json
5
+ // Reform_Description:
6
+ // - New personal income tax schedule (regular/non-AMT/non-pass-through) (1)
7
+ // - New pass-through income tax schedule, with approximated qualifying rules (2)
8
+ // - New standard deductions (3)
9
+ // - Repeal personal exemption (4)
10
+ // - New nonrefundable credits, phase-out with child tax credit (5)
11
+ // - Repeal Alternative Minimum Tax (6)
12
+ // - Minor changes to capital brackets for long-term gains and dividends (7)
13
+ // - Changes to above-the-line deductions (8)
14
+ // - Changes to itemized deductions (9)
15
+ // - Repeal of certain credits (10)
16
+ // - Adopt Chained CPI for parameter indexing (11)
17
+ // Reform_Parameter_Map:
18
+ // - 1: _II_rt*
19
+ // - 2: _PT_rt*
20
+ // - 3: _STD, _STD_Dep, _STD_Aged (can safely ignore WARNINGs about _STD_Dep values)
21
+ // - 4: _II_em
22
+ // - 5: _DependentCredit_*, _FilerCredit_c, _CTC_ps
23
+ // - 6: _AMT_rt*
24
+ // - 7: _CG_brk*
25
+ // - 8: _ALD_*
26
+ // - 9: _ID_*
27
+ // - 10: _CR_SchR_hc, _LLC_Ecpense_c
28
+ // - 11: _cpi_offset
29
+ {
30
+ "policy": {
31
+ "_II_rt1":
32
+ {"2018": [0.12]},
33
+ "_II_rt2":
34
+ {"2018": [0.25]},
35
+ "_II_rt3":
36
+ {"2018": [0.35]},
37
+ "_II_rt4":
38
+ {"2018": [0.396]},
39
+ "_II_rt5":
40
+ {"2018": [0.456]},
41
+ "_II_rt6":
42
+ {"2018": [0.396]},
43
+ "_II_rt7":
44
+ {"2018": [0.396]},
45
+ "_II_brk1":
46
+ {"2018": [[45000, 90000, 45000, 67500, 90000]]},
47
+ "_II_brk2":
48
+ {"2018": [[200000, 260000, 130000, 200000, 260000]]},
49
+ "_II_brk3":
50
+ {"2018": [[500000, 1000000, 500000, 500000, 1000000]]},
51
+ "_II_brk4":
52
+ {"2018": [[1000000, 1200000, 1000000, 1000000, 1200000]]},
53
+ "_II_brk5":
54
+ {"2018": [[1207000, 1614000, 1207000, 1310500, 1614000]]},
55
+ "_II_brk6":
56
+ {"2018": [[9e99, 9e99, 9e99, 9e99, 9e99]]},
57
+ "_PT_rt1":
58
+ {"2018": [0.11],
59
+ "2020": [0.10],
60
+ "2022": [0.09]},
61
+ "_PT_rt2":
62
+ {"2018": [0.12]},
63
+ "_PT_rt3":
64
+ {"2018": [0.25]},
65
+ "_PT_rt4":
66
+ {"2018": [0.26],
67
+ "2020": [0.27],
68
+ "2022": [0.28]},
69
+ "_PT_rt5":
70
+ {"2018": [0.25]},
71
+ "_PT_rt6":
72
+ {"2018": [0.31]},
73
+ "_PT_rt7":
74
+ {"2018": [0.25]},
75
+ "_PT_rt8":
76
+ {"2018": [0.25]},
77
+ "_PT_brk1":
78
+ {"2018": [[37500, 75000, 37500, 56250, 75000]]},
79
+ "_PT_brk2":
80
+ {"2018": [[45000, 90000, 45000, 67500, 90000]]},
81
+ "_PT_brk3":
82
+ {"2018": [[75000, 150000, 75000, 112500, 150000]]},
83
+ "_PT_brk4":
84
+ {"2018": [[112500, 225000, 112500, 168750, 225000]]},
85
+ "_PT_brk5":
86
+ {"2018": [[1000000, 1200000, 1000000, 1000000, 1200000]]},
87
+ "_PT_brk6":
88
+ {"2018": [[1207000, 1614000, 1207000, 1310500, 1614000]]},
89
+ "_PT_brk7":
90
+ {"2018": [[9e99, 9e99, 9e99, 9e99, 9e99]]},
91
+ "_PT_EligibleRate_active":
92
+ {"2018": [0.3]},
93
+ "_PT_EligibleRate_passive":
94
+ {"2018": [1.0]},
95
+ "_PT_wages_active_income":
96
+ {"2018": [true]},
97
+ "_PT_top_stacking":
98
+ {"2018": [false]},
99
+ "_STD":
100
+ {"2018": [[12000, 24000, 12000, 18000, 24000]]},
101
+ "_STD_Dep":
102
+ {"2018": [500]},
103
+ "_STD_Aged":
104
+ {"2018": [[0, 0, 0, 0, 0]]},
105
+ "_II_em":
106
+ {"2018": [0]},
107
+ "_CTC_ps":
108
+ {"2018": [[115000, 230000, 115000, 115000, 115000]]},
109
+ "_CTC_c":
110
+ {"2018": [1100], "2019": [1200], "2023": [1300], "2027": [1400]},
111
+ "_DependentCredit_Child_c":
112
+ {"2018": [500], "2019": [400], "2023": [300], "2027": [200]},
113
+ "_DependentCredit_Nonchild_c":
114
+ {"2018": [300], "2023": [0]},
115
+ "_DependentCredit_before_CTC":
116
+ {"2018": [true]},
117
+ "_FilerCredit_c":
118
+ {"2018": [[300, 600, 300, 300, 300]], "2023": [[0, 0, 0, 0, 0]]},
119
+ "_AMT_rt1":
120
+ {"2018": [0]},
121
+ "_AMT_rt2":
122
+ {"2018": [0]},
123
+ "_CG_brk1":
124
+ {"2018": [[38600, 77200, 38600, 51700, 77200]]},
125
+ "_CG_brk2":
126
+ {"2018": [[425800, 479000, 239500, 452400, 479000]]},
127
+ "_ALD_DomesticProduction_hc":
128
+ {"2018": [1]},
129
+ "_ALD_StudentLoan_hc":
130
+ {"2018": [1]},
131
+ "_ALD_Tuition_hc":
132
+ {"2018": [1]},
133
+ "_ID_prt":
134
+ {"2018": [0]},
135
+ "_ID_StateLocalTax_hc":
136
+ {"2018": [1]},
137
+ "_ID_RealEstate_c":
138
+ {"2018": [[10000, 10000, 10000, 10000, 10000]]},
139
+ "_ID_Casualty_hc":
140
+ {"2018": [1]},
141
+ "_ID_Medical_hc":
142
+ {"2018": [1]},
143
+ "_ID_Miscellaneous_hc":
144
+ {"2018": [1]},
145
+ "_CR_SchR_hc":
146
+ {"2018": [1]},
147
+ "_LLC_Expense_c":
148
+ {"2018": [0]},
149
+ "_cpi_offset":
150
+ {"2017": [-0.0025]}
151
+ }
152
+ }
@@ -0,0 +1,187 @@
1
+ // Title: Tax Cuts and Jobs Act, Reconciliation version
2
+ // Reform_File_Author: Cody Kallen
3
+ // Reform_Reference: http://docs.house.gov/billsthisweek/20171218/CRPT-115HRPT-466.pdf
4
+ // Reform_Baseline: 2017_law.json
5
+ // Reform_Description:
6
+ // - New personal income tax schedule (regular/non-AMT/non-pass-through) (1)
7
+ // - New pass-through income tax schedule (2)
8
+ // - New standard deductions (3)
9
+ // - Repeal personal exemption (4)
10
+ // - Modification to child tax credit, nonrefundable dependent credits (5)
11
+ // - Modification of Alternative Minimum Tax exemption (6)
12
+ // - Changes to certain above the line deductions (7)
13
+ // - Changes to itemized deductions (8)
14
+ // - Switch to chained CPI from CPI-U for tax parameter adjustment (9)
15
+ // Reform_Parameter_Map:
16
+ // - 1: _II_*
17
+ // - 2: _PT_*
18
+ // - 3: _STD (can safely ignore WARNINGs about 2026+ values)
19
+ // - 4: _II_em
20
+ // - 5: _DependentCredit_*, _CTC_c, _CTC_ps, _ACTC_Income_thd
21
+ // - 6: _AMT_rt*
22
+ // - 7: _ALD_*
23
+ // - 8: _ID_* (can safely ignore WARNINGs about values for several parameters)
24
+ // - 9: _cpi_offset
25
+ // Note: _II_rt*, _PT_rt*, _STD and _II_em are rounded to the nearest integer value.
26
+ {
27
+ "policy": {
28
+ "_II_rt1":
29
+ {"2018": [0.1],
30
+ "2026": [0.1]},
31
+ "_II_rt2":
32
+ {"2018": [0.12],
33
+ "2026": [0.15]},
34
+ "_II_rt3":
35
+ {"2018": [0.22],
36
+ "2026": [0.25]},
37
+ "_II_rt4":
38
+ {"2018": [0.24],
39
+ "2026": [0.28]},
40
+ "_II_rt5":
41
+ {"2018": [0.32],
42
+ "2026": [0.33]},
43
+ "_II_rt6":
44
+ {"2018": [0.35],
45
+ "2026": [0.35]},
46
+ "_II_rt7":
47
+ {"2018": [0.37],
48
+ "2026": [0.396]},
49
+ "_II_brk1":
50
+ {"2018": [[9525, 19050, 9525, 13600, 19050]],
51
+ "2026": [[11242, 22484, 11242, 16094, 22484]]},
52
+ "_II_brk2":
53
+ {"2018": [[38700, 77400, 38700, 51800, 77400]],
54
+ "2026": [[45751, 91502, 45751, 61242, 91502]]},
55
+ "_II_brk3":
56
+ {"2018": [[82500, 165000, 82500, 82500, 165000]],
57
+ "2026": [[110791, 184571, 92286, 158169, 184571]]},
58
+ "_II_brk4":
59
+ {"2018": [[157500, 315000, 157500, 157500, 315000]],
60
+ "2026": [[231045, 281317, 140659, 256181, 281317]]},
61
+ "_II_brk5":
62
+ {"2018": [[200000, 400000, 200000, 200000, 400000]],
63
+ "2026": [[502356, 502356, 251178, 502356, 502356]]},
64
+ "_II_brk6":
65
+ {"2018": [[500000, 600000, 300000, 500000, 500000]],
66
+ "2026": [[504406 ,567457, 283728, 535931, 567457]]},
67
+ "_PT_rt1":
68
+ {"2018": [0.1],
69
+ "2026": [0.1]},
70
+ "_PT_rt2":
71
+ {"2018": [0.12],
72
+ "2026": [0.15]},
73
+ "_PT_rt3":
74
+ {"2018": [0.22],
75
+ "2026": [0.25]},
76
+ "_PT_rt4":
77
+ {"2018": [0.24],
78
+ "2026": [0.28]},
79
+ "_PT_rt5":
80
+ {"2018": [0.32],
81
+ "2026": [0.33]},
82
+ "_PT_rt6":
83
+ {"2018": [0.35],
84
+ "2026": [0.35]},
85
+ "_PT_rt7":
86
+ {"2018": [0.37],
87
+ "2026": [0.396]},
88
+ "_PT_brk1":
89
+ {"2018": [[9525, 19050, 9525, 13600, 19050]],
90
+ "2026": [[11242, 22484, 11242, 16094, 22484]]},
91
+ "_PT_brk2":
92
+ {"2018": [[38700, 77400, 38700, 51800, 77400]],
93
+ "2026": [[45751, 91502, 45751, 61242, 91502]]},
94
+ "_PT_brk3":
95
+ {"2018": [[82500, 165000, 82500, 82500, 165000]],
96
+ "2026": [[110791, 184571, 92286, 158169, 184571]]},
97
+ "_PT_brk4":
98
+ {"2018": [[157500, 315000, 157500, 157500, 315000]],
99
+ "2026": [[231045, 281317, 140659, 256181, 281317]]},
100
+ "_PT_brk5":
101
+ {"2018": [[200000, 400000, 200000, 200000, 400000]],
102
+ "2026": [[502356, 502356, 251178, 502356, 502356]]},
103
+ "_PT_brk6":
104
+ {"2018": [[500000, 600000, 300000, 500000, 500000]],
105
+ "2026": [[504406, 567457, 283728, 535931, 567457]]},
106
+ "_PT_excl_rt":
107
+ {"2018": [0.2],
108
+ "2026": [0.0]},
109
+ "_PT_excl_wagelim_rt":
110
+ {"2018": [0.5],
111
+ "2026": [9e99]},
112
+ "_PT_excl_wagelim_thd":
113
+ {"2018": [[157500, 315000, 157500, 157500, 315000]],
114
+ "2026": [[0, 0, 0, 0, 0]]},
115
+ "_PT_excl_wagelim_prt":
116
+ {"2018": [[0.00002, 0.00001, 0.00002, 0.00002, 0.00001]],
117
+ "2026": [[0, 0, 0, 0, 0]]},
118
+ "_STD":
119
+ {"2018": [[12000, 24000, 12000, 18000, 24000]],
120
+ "2026": [[7655, 15311, 7655, 11272, 15311]]},
121
+ "_II_em":
122
+ {"2018": [0],
123
+ "2026": [4883]},
124
+ "_CTC_ps":
125
+ {"2018": [[200000, 400000, 200000, 200000, 400000]],
126
+ "2026": [[75000, 110000, 55000, 75000, 75000]]},
127
+ "_CTC_c":
128
+ {"2018": [1400],
129
+ "2022": [1500],
130
+ "2025": [1600],
131
+ "2026": [1000]},
132
+ "_DependentCredit_Child_c":
133
+ {"2018": [600],
134
+ "2022": [500],
135
+ "2025": [400],
136
+ "2026": [0]},
137
+ "_DependentCredit_Nonchild_c":
138
+ {"2018": [500],
139
+ "2026": [0]},
140
+ "_DependentCredit_before_CTC":
141
+ {"2018": [true]},
142
+ "_ACTC_Income_thd":
143
+ {"2018": [2500],
144
+ "2026": [3000]},
145
+ "_AMT_em":
146
+ {"2018": [[70300, 109400, 54700, 70300, 109400]],
147
+ "2026": [[65462, 101870, 50935, 65461, 101870]]},
148
+ "_AMT_em_ps":
149
+ {"2018": [[500000, 1000000, 500000, 500000, 1000000]],
150
+ "2026": [[145511, 193974, 96987, 145511, 193974]]},
151
+ "_ALD_DomesticProduction_hc":
152
+ {"2018": [1],
153
+ "2026": [0]},
154
+ "_ALD_AlimonyPaid_hc":
155
+ {"2019": [1],
156
+ "2026": [0]},
157
+ "_ALD_AlimonyReceived_hc":
158
+ {"2019": [0],
159
+ "2026": [1]},
160
+ "_ALD_BusinessLosses_c":
161
+ {"2018": [[250000, 500000, 250000, 250000, 500000]],
162
+ "2026": [[9e99, 9e99, 9e99, 9e99, 9e99]]},
163
+ "_ID_prt":
164
+ {"2018": [0],
165
+ "2026": [0.03]},
166
+ "_ID_crt":
167
+ {"2018": [1],
168
+ "2026": [0.8]},
169
+ "_ID_Charity_crt_cash":
170
+ {"2018": [0.6],
171
+ "2026": [0.5]},
172
+ "_ID_Casualty_hc":
173
+ {"2018": [1],
174
+ "2026": [0]},
175
+ "_ID_AllTaxes_c":
176
+ {"2018": [[10000, 10000, 5000, 10000, 10000]],
177
+ "2026": [[9e99, 9e99, 9e99, 9e99, 9e99]]},
178
+ "_ID_Miscellaneous_hc":
179
+ {"2018": [1],
180
+ "2026": [0]},
181
+ "_ID_Medical_frt":
182
+ {"2017": [0.075],
183
+ "2019": [0.1]},
184
+ "_cpi_offset":
185
+ {"2017": [-0.0025]}
186
+ }
187
+ }
@@ -0,0 +1,116 @@
1
+ // Title: Tax Cuts and Jobs Act, Senate version, Chairman's mark (as of 11-9-17)
2
+ // Reform_File_Author: Cody Kallen
3
+ // Reform_Reference: https://www.finance.senate.gov/imo/media/doc/11.9.17%20Chairman's%20Mark.pdf
4
+ // Reform_Baseline: 2017_law.json
5
+ // Reform_Description:
6
+ // - New personal income tax schedule (regular/non-AMT/non-pass-through) (1)
7
+ // - New pass-through income tax schedule (2)
8
+ // - New standard deductions (3)
9
+ // - Repeal personal exemption (4)
10
+ // - Modification to child tax credit, nonrefundable dependent credits (5)
11
+ // - Repeal Alternative Minimum Tax (6)
12
+ // - Repeal of domestic production deduction
13
+ // - Changes to itemized deductions (8)
14
+ // - Adopt Chained CPI for parameter indexing (9)
15
+ // Reform_Parameter_Map:
16
+ // - 1: _II_rt*
17
+ // - 2: _PT_*
18
+ // - 3: _STD, _STD_Dep, _STD_Aged
19
+ // - 4: _II_em
20
+ // - 5: _DependentCredit_*, _CTC_c, _CTC_ps, _ACTC_Income_thd
21
+ // - 6: _AMT_rt*
22
+ // - 7: _ALD_DomesticProduction_hc
23
+ // - 8: _ID_*
24
+ // - 9: _cpi_offset
25
+ {
26
+ "policy": {
27
+ "_II_rt1":
28
+ {"2018": [0.1]},
29
+ "_II_rt2":
30
+ {"2018": [0.12]},
31
+ "_II_rt3":
32
+ {"2018": [0.225]},
33
+ "_II_rt4":
34
+ {"2018": [0.25]},
35
+ "_II_rt5":
36
+ {"2018": [0.325]},
37
+ "_II_rt6":
38
+ {"2018": [0.35]},
39
+ "_II_rt7":
40
+ {"2018": [0.385]},
41
+ "_II_brk1":
42
+ {"2018": [[9525, 19050, 9525, 13600, 19050]]},
43
+ "_II_brk2":
44
+ {"2018": [[38700, 77400, 38700, 51800, 77400]]},
45
+ "_II_brk3":
46
+ {"2018": [[60000, 120000, 60000, 60000, 120000]]},
47
+ "_II_brk4":
48
+ {"2018": [[170000, 290000, 145000, 170000, 290000]]},
49
+ "_II_brk5":
50
+ {"2018": [[200000, 390000, 195000, 200000, 390000]]},
51
+ "_II_brk6":
52
+ {"2018": [[500000, 1000000, 500000, 500000, 1000000]]},
53
+ "_PT_rt1":
54
+ {"2018": [0.1]},
55
+ "_PT_rt2":
56
+ {"2018": [0.12]},
57
+ "_PT_rt3":
58
+ {"2018": [0.225]},
59
+ "_PT_rt4":
60
+ {"2018": [0.25]},
61
+ "_PT_rt5":
62
+ {"2018": [0.325]},
63
+ "_PT_rt6":
64
+ {"2018": [0.35]},
65
+ "_PT_rt7":
66
+ {"2018": [0.385]},
67
+ "_PT_brk1":
68
+ {"2018": [[9525, 19050, 9525, 13600, 19050]]},
69
+ "_PT_brk2":
70
+ {"2018": [[38700, 77400, 38700, 51800, 77400]]},
71
+ "_PT_brk3":
72
+ {"2018": [[60000, 120000, 60000, 60000, 120000]]},
73
+ "_PT_brk4":
74
+ {"2018": [[170000, 290000, 145000, 170000, 290000]]},
75
+ "_PT_brk5":
76
+ {"2018": [[200000, 390000, 195000, 200000, 390000]]},
77
+ "_PT_brk6":
78
+ {"2018": [[500000, 1000000, 500000, 500000, 1000000]]},
79
+ "_PT_excl_rt":
80
+ {"2018": [0.174]},
81
+ "_PT_excl_wagelim_rt":
82
+ {"2018": [0.5]},
83
+ "_STD":
84
+ {"2018": [[12000, 24000, 12000, 18000, 24000]]},
85
+ "_II_em":
86
+ {"2018": [0]},
87
+ "_CTC_ps":
88
+ {"2018": [[500000, 1000000, 500000, 500000, 1000000]]},
89
+ "_CTC_c":
90
+ {"2018": [1100], "2022": [1200], "2025": [1300]},
91
+ "_DependentCredit_Child_c":
92
+ {"2018": [550], "2022": [450], "2025": [350]},
93
+ "_DependentCredit_Nonchild_c":
94
+ {"2018": [500]},
95
+ "_DependentCredit_before_CTC":
96
+ {"2018": [true]},
97
+ "_ACTC_Income_thd":
98
+ {"2018": [2500.0]},
99
+ "_AMT_rt1":
100
+ {"2018": [0]},
101
+ "_AMT_rt2":
102
+ {"2018": [0]},
103
+ "_ALD_DomesticProduction_hc":
104
+ {"2018": [1]},
105
+ "_ID_prt":
106
+ {"2018": [0]},
107
+ "_ID_StateLocalTax_hc":
108
+ {"2018": [1]},
109
+ "_ID_RealEstate_hc":
110
+ {"2018": [1]},
111
+ "_ID_Miscellaneous_hc":
112
+ {"2018": [1]},
113
+ "_cpi_offset":
114
+ {"2017": [-0.0025]}
115
+ }
116
+ }