taxcalc 4.5.0__py3-none-any.whl → 4.6.1__py3-none-any.whl

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@@ -76,9 +76,9 @@
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  }
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  },
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  "parameter_indexing_CPI_offset": {
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- "title": "Decimal offset ADDED to unchained CPI to get parameter indexing rate",
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- "description": "Values are zero before 2017; reforms that introduce indexing with chained CPI would have values around -0.0025 beginning in the year before the first year policy parameters will have values computed with chained CPI.",
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- "notes": "See April 2013 CBO report entitled 'What Would Be the Effect on the Deficit of Using the Chained CPI to Index Benefit Programs and the Tax Code?', which includes this: 'The chained CPI grows more slowly than the traditional CPI does: an average of about 0.25 percentage points more slowly per year over the past decade.' <https://www.cbo.gov/publication/44089>",
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+ "title": "Decimal offset added to chained CPI-U inflation rate to get policy parameter indexing rate",
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+ "description": "Always zero in policy_current_law.json, but non-zero values are allowed in reforms.",
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+ "notes": "",
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  "section_1": "Parameter Indexing",
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  "section_2": "Offsets",
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  "indexable": false,
@@ -104,6 +104,10 @@
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  {
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  "year": 2017,
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  "value": 0.0
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+ },
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+ {
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+ "year": 2018,
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+ "value": 0.0
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  }
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  ],
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  "validators": {
taxcalc/reforms/ext.json CHANGED
@@ -1,5 +1,5 @@
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  // REFORM TO EXTEND TEMPORARY TCJA PROVISIONS BEYOND 2025
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- // USING TAX-CALCULATOR 4.4.1
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+ // USING TAX-CALCULATOR 4.5.0
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  // WITH 2025-to-2026 INDEXING FACTOR = 1.022300
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  // AND 2028-to-2029 INDEXING FACTOR = 1.022600
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  {
@@ -32,7 +32,10 @@
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  "PT_rt7": {"2026": 0.37},
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  "PT_brk7": {"2026": [9e+99, 9e+99, 9e+99, 9e+99, 9e+99]},
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  "CTC_c": {"2026": 2000.00},
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- "ACTC_c": {"2026": 1700.00},
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+ "ACTC_c": {"2026": 1776.67},
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+ "ACTC_c-indexed": {"2026": true},
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+ "ACTC_c": {"2032": 2000.00},
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+ "ACTC_c-indexed": {"2032": false},
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  "ODC_c": {"2026": 500.00},
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  "CTC_ps": {"2026": [200000.0, 400000.0, 200000.0, 200000.0, 400000.0]},
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  "ACTC_Income_thd": {"2026": 2500.00},