policyengine-us
policyengine-us copied to clipboard
The PolicyEngine US Python package contains a rules engine of the US tax-benefit system, and microdata generation for microsimulation analysis.
 [Reference](https://dor.sc.gov/forms-site/Forms/IITPacket_2022.pdf)
 [Reference ](https://www.in.gov/dor/tax-forms/2023-individual-income-tax-forms/)
The Census Bureau defines SPM thresholds based on expenditures. This rises consistently faster than CPI, which is what we currently index to: https://github.com/PolicyEngine/policyengine-us/blob/6525e72ffc89aca67e88ba6381dfa063be0123bc/policyengine_us/variables/household/income/spm_unit/spm_unit_spm_threshold.py#L10 Let's either identify a forecast of expenditures...
Disabled veterans with a 100% disability rating and were honorably discharged can receive an additional exemption of $2,250. [Reference](https://www.ksrevenue.gov/pdf/ip23.pdf)
Alex Ruder of the Atlanta Fed pointed me to this document, which indicates that SLSPC varies consistently within states by age: https://www.cms.gov/cciio/programs-and-initiatives/health-insurance-market-reforms/downloads/statespecagecrv053117.pdf I've verified that it matches the age breakdowns...
 [Reference](https://www.marylandtaxes.gov/forms/current_forms/Resident-Booklet.pdf)
Creating new readme files as guidance of parameters, variables tests, etc.
In #5012 we only account for 2024 values but the program existed before - once updated we will need to update `household_benefits.yaml`
2022: Established a $5,000 adoption deduction for families who adopt children from foster care and a $5,000 adoption deduction for families who adopt a child under the age of one...