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@nikhilwoodruff nikhilwoodruff commented Feb 17, 2025

Fixes #86
Fixes #161
Fixes #163
Fixes #168
Fixes #169
Fixes #170

@nikhilwoodruff nikhilwoodruff added the enhancement New feature or request label Feb 17, 2025
@nikhilwoodruff nikhilwoodruff marked this pull request as draft February 17, 2025 12:56
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We verified that (sanity check) we can target SALT TE values as the sole target and hit it OK:

image

@nikhilwoodruff nikhilwoodruff marked this pull request as ready for review February 17, 2025 15:35
@nikhilwoodruff nikhilwoodruff changed the title Target SALT and medical expense deduction tax expenditure values Target SALT deduction tax expenditure Feb 17, 2025
Co-authored-by: Max Ghenis <mghenis@gmail.com>
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Medical is $11.4 billion in 2024 https://www.jct.gov/publications/2024/jcx-48-24/ page 32

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@PavelMakarchuk could you adjust the tests to test the four itemized deduction TEs?

@MaxGhenis MaxGhenis changed the title Target SALT deduction tax expenditure Target itemized deduction tax expenditures Feb 17, 2025
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Let's loosen the test to 15% (the failing test is within 10%)

I'll do that and also bump the policyengine-us version after merging PolicyEngine/policyengine-us#5609, which adjusts the MOOP definition that would be used for the medical out of pocket expense deduction being calibrated here.

@MaxGhenis MaxGhenis merged commit 1192d98 into main Feb 18, 2025
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@nikhilwoodruff nikhilwoodruff deleted the nikhilwoodruff/issue163 branch August 4, 2025 12:48
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