Searchlight Institute Tax Reform Analysis

[DTrim99]

Summary

Analyze the 10-year budgetary impact of the Searchlight Institute tax reform proposal.

Reform Components

The reform includes:

• AFA CTC reforms: Base CTC amounts ranging from $3,600 (2026) to $4,440 (2035)
• EITC eligibility changes: Age limits (min: 19, max: 200), student minimum age: 24
• EITC max amounts: Ranging from $1,502 (2026) to $1,851 (2035) for childless filers
• EITC phase-in/phase-out rates: 15.3% for childless filers
• EITC phase-out start: $11,610 (2026) to $14,300 (2035) for childless filers
• EITC joint bonus: Set equal to phase-out start values for each year (2026-2035)
• CTC phase-out thresholds: Various thresholds by filing status

Analysis Location

Notebook: us/searchlight_institute/tax_reform_analysis.ipynb

Tasks

• Run 10-year budgetary impact analysis (2026-2035)
• Generate visualization of yearly impacts
• Export results to CSV