Evaluates the effect of US federal taxes on businesses' investment incentives
B-Tax is a model that can be used to evaluate the effect of US federal taxes on the investment incentives of corporate and non-corporate businesses. Specifically, B-Tax uses data on the business assets and financial policy, as well as microdata on individual tax filers, to compute marginal effective tax rates on new investments. In modeling the effects of changes to the individual income tax code, B-Tax works with Tax-Calculator, another open source model of US federal tax policy. B-Tax is written in Python, an interpreted language that can execute on Windows, Mac, or Linux.
- Jason DeBacker
Partial-equilibrium behavioral-responses module that works with Tax-Calculator
Behavioral-Responses, which is part of the Policy Simulation Library (PSL) collection of USA tax models, estimates partial-equilibrium behavioral responses to changes in the US federal individual income and payroll tax system as simulated by Tax-Calculator
- Martin Holmer
- Matt Jensen
Overlapping-Generations Model for Evaluating Fiscal Policy in the United States
OG-USA is an overlapping-generations (OG) model of the economy of the United States (USA) that allows for dynamic general equilibrium analysis of federal tax policy. The model output focuses changes in macroeconomic aggregates (GDP, investment, consumption), wages, interest rates, and the stream of tax revenues over time. Careful documentation of the model--its output, and solution method--is available here and is regularly updated.