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jo-fleck / Taxsim.jl

Connecting Julia to the Tax Calculator of the National Bureau of Economic Research (NBER)
Mozilla Public License 2.0
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TAXSIM35 compatibility #15

Open asinghvi17 opened 4 months ago

asinghvi17 commented 4 months ago

What would be required to set up compatibility for TAXSIM35? It looks like it's only a couple of variables different from 32, so if it's not too complex I could take a crack at it.

Also, for eye candy, here's a fun plot I made of potential taxation for a toy scenario (wage income + capital gains) across states from Taxsim!

taxes

jo-fleck commented 4 months ago

What would be required to set up compatibility for TAXSIM35? It looks like it's only a couple of variables different from 32, so if it's not too complex I could take a crack at it.

I just took a quick look at v35. Agree - this should be straightforward. Feel free to take a first stab. I'll be happy to review and edit if necessary.

If you do, please create a new function taxsim35 (so taxsim32 remains ready for use).

jo-fleck commented 4 months ago

btw: Thanks for the plot! Which data did you use for this?

asinghvi17 commented 4 months ago

I mocked up some trial income (split between dividends, wage income, and some capital gains). This was just for one individual, but across all states (state=-1).

chrisvwx commented 2 weeks ago

I think adding a new function for version 35 of taxsim is important. Usually there isn't a big difference between the versions, but for 2023, there is a dramatic difference, see the figure below. I personally am using a version of Taxsim.jl which I modified to have another function for v35, and would never use version 32. I'm happy to make PRs or otherwise help out.

taxsim32vs35