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tc_roadmap.html
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<!DOCTYPE html>
<!-- *** NEVER EDIT THIS FILE BY HAND *** -->
<!-- *** INSTEAD EDIT /Users/mrh/work/PSL/Tax-Calculator/docs/tc_roadmap.htmx FILE *** -->
<html>
<head>
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<meta http-equiv="content-type" content="text/html; charset=UTF-8">
<link href="docs.css" rel="stylesheet">
<title>Tax-Calculator</title>
</head>
<body>
<h1>Tax-Calculator</h1>
<div class="navbar">
<a href="index.html">Home</a>
<div class="dropdown">
<button class="dropbtn">About</button>
<div class="dropdown-content">
<a href="tc_starting.html">Getting Started</a>
<a href="tc_license.html">Open-Source License</a>
<a href="tc_history.html">Origins & History</a>
<a href="tc_roadmap.html">Future Directions</a>
</div>
</div>
<div class="dropdown">
<button class="dropbtn">Documentation</button>
<div class="dropdown-content">
<a href="tc_overview.html">Structural Overview</a>
<a href="uguide.html" target="_blank">User Guide</a>
<a href="cookbook.html" target="_blank">Python Cookbook</a>
<a href="https://github.com/PSLmodels/Tax-Calculator/blob/master/CONTRIBUTING.md#tax-calculator-contributor-guide" target="_blank">Contributor Guide</a>
</div>
</div>
</div>
<h3>Future Directions</h3>
<p>
Tax-Calculator development has both near-term and long-term objectives.
</p>
<h4>Near-Term Objective</h4>
<p>
The near-term objective is the development of other modules that can
be used along with Tax-Calculator to conduct non-static tax analysis
that generates both aggregate and distributional reform results.
Three other modules are planned:
</p>
<p>
1. <a href="https://github.com/PSLmodels/Behavioral-Responses#behavioral-responses"
target="_blank">Partial-equilibrium Behavioral-Response</a>
capabilities have been completed.
</p>
<p>
2. <a href="https://github.com/PSLmodels/Business-Taxation#business-taxation"
target="_blank">Business-Taxation</a> capabilities are being
developed that will permit the effects of reforms in (corporate
and pass-through) business taxes to feed back to filing-unit
incomes, and therefore, individual taxes, in Tax-Calculator as
envisioned in
<a href="https://github.com/PSLmodels/Tax-Calculator/issues/1515#issuecomment-329620209"
target="">this note</a>.
</p>
<p>
3. A <em>Macro-Feedback</em> capability is being planned that will
allow the macroeconomic growth effects of a tax reform to feed back
to filing-unit incomes, and therefore, individual taxes, in
Tax-Calculator.
</p>
<p>
Once Tax-Calculator can support these other modules, it is anticipated
that the public application programming interface (API) of
Tax-Calculator will be stable.
</p>
<h4>Long-Term Objectives</h4>
<p>
Fix bugs in tax-calculation logic.
</p>
<p>
Add new policy parameters to enable parametric simulation of new reforms.
</p>
<p>
Add actual policy parameter values as they become available each year.
</p>
<p>
Update filing-unit data used by Tax-Calculator as they become available.
</p>
<p>
Improve model documentation.
</p>
<button onclick="topFunction()" id="topbutton" title="Go to top">Top</button>
<script src="docs.js"></script>
<br /><br />
</body>
</html>