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// Title: Tax Cuts and Jobs Act, Reconciliation version
// Reform_File_Author: Cody Kallen
// Reform_Reference: http://docs.house.gov/billsthisweek/20171218/CRPT-115HRPT-466.pdf
// Reform_Baseline: 2017_law.json
// Reform_Description:
// - New personal income tax schedule (regular/non-AMT/non-pass-through) (1)
// - New pass-through income tax schedule (2)
// - New standard deductions (3)
// - Repeal personal exemption (4)
// - Modification to child tax credit, nonrefundable dependent credits (5)
// - Modification of Alternative Minimum Tax exemption (6)
// - Changes to certain above the line deductions (7)
// - Changes to itemized deductions (8)
// - Switch to chained CPI from CPI-U for tax parameter adjustment (9)
// Reform_Parameter_Map:
// - 1: _II_*
// - 2: _PT_*
// - 3: _STD (can safely ignore WARNINGs about 2026+ values)
// - 4: _II_em
// - 5: _DependentCredit_*, _CTC_c, _CTC_ps, _ACTC_Income_thd
// - 6: _AMT_rt*
// - 7: _ALD_*
// - 8: _ID_* (can safely ignore WARNINGs about values for several parameters)
// - 9: _cpi_offset
// Note: _II_rt*, _PT_rt*, _STD and _II_em are rounded to the nearest integer value.
{
"policy": {
"_II_rt1":
{"2018": [0.1],
"2026": [0.1]},
"_II_rt2":
{"2018": [0.12],
"2026": [0.15]},
"_II_rt3":
{"2018": [0.22],
"2026": [0.25]},
"_II_rt4":
{"2018": [0.24],
"2026": [0.28]},
"_II_rt5":
{"2018": [0.32],
"2026": [0.33]},
"_II_rt6":
{"2018": [0.35],
"2026": [0.35]},
"_II_rt7":
{"2018": [0.37],
"2026": [0.396]},
"_II_brk1":
{"2018": [[9525, 19050, 9525, 13600, 19050]],
"2026": [[11242, 22484, 11242, 16094, 22484]]},
"_II_brk2":
{"2018": [[38700, 77400, 38700, 51800, 77400]],
"2026": [[45751, 91502, 45751, 61242, 91502]]},
"_II_brk3":
{"2018": [[82500, 165000, 82500, 82500, 165000]],
"2026": [[110791, 184571, 92286, 158169, 184571]]},
"_II_brk4":
{"2018": [[157500, 315000, 157500, 157500, 315000]],
"2026": [[231045, 281317, 140659, 256181, 281317]]},
"_II_brk5":
{"2018": [[200000, 400000, 200000, 200000, 400000]],
"2026": [[502356, 502356, 251178, 502356, 502356]]},
"_II_brk6":
{"2018": [[500000, 600000, 300000, 500000, 500000]],
"2026": [[504406 ,567457, 283728, 535931, 567457]]},
"_PT_rt1":
{"2018": [0.1],
"2026": [0.1]},
"_PT_rt2":
{"2018": [0.12],
"2026": [0.15]},
"_PT_rt3":
{"2018": [0.22],
"2026": [0.25]},
"_PT_rt4":
{"2018": [0.24],
"2026": [0.28]},
"_PT_rt5":
{"2018": [0.32],
"2026": [0.33]},
"_PT_rt6":
{"2018": [0.35],
"2026": [0.35]},
"_PT_rt7":
{"2018": [0.37],
"2026": [0.396]},
"_PT_brk1":
{"2018": [[9525, 19050, 9525, 13600, 19050]],
"2026": [[11242, 22484, 11242, 16094, 22484]]},
"_PT_brk2":
{"2018": [[38700, 77400, 38700, 51800, 77400]],
"2026": [[45751, 91502, 45751, 61242, 91502]]},
"_PT_brk3":
{"2018": [[82500, 165000, 82500, 82500, 165000]],
"2026": [[110791, 184571, 92286, 158169, 184571]]},
"_PT_brk4":
{"2018": [[157500, 315000, 157500, 157500, 315000]],
"2026": [[231045, 281317, 140659, 256181, 281317]]},
"_PT_brk5":
{"2018": [[200000, 400000, 200000, 200000, 400000]],
"2026": [[502356, 502356, 251178, 502356, 502356]]},
"_PT_brk6":
{"2018": [[500000, 600000, 300000, 500000, 500000]],
"2026": [[504406, 567457, 283728, 535931, 567457]]},
"_PT_excl_rt":
{"2018": [0.2],
"2026": [0.0]},
"_PT_excl_wagelim_rt":
{"2018": [0.5],
"2026": [9e99]},
"_PT_excl_wagelim_thd":
{"2018": [[157500, 315000, 157500, 157500, 315000]],
"2026": [[0, 0, 0, 0, 0]]},
"_PT_excl_wagelim_prt":
{"2018": [[0.00002, 0.00001, 0.00002, 0.00002, 0.00001]],
"2026": [[0, 0, 0, 0, 0]]},
"_STD":
{"2018": [[12000, 24000, 12000, 18000, 24000]],
"2026": [[7655, 15311, 7655, 11272, 15311]]},
"_II_em":
{"2018": [0],
"2026": [4883]},
"_CTC_ps":
{"2018": [[200000, 400000, 200000, 200000, 400000]],
"2026": [[75000, 110000, 55000, 75000, 75000]]},
"_CTC_c":
{"2018": [1400],
"2022": [1500],
"2025": [1600],
"2026": [1000]},
"_DependentCredit_Child_c":
{"2018": [600],
"2022": [500],
"2025": [400],
"2026": [0]},
"_DependentCredit_Nonchild_c":
{"2018": [500],
"2026": [0]},
"_DependentCredit_before_CTC":
{"2018": [true]},
"_ACTC_Income_thd":
{"2018": [2500],
"2026": [3000]},
"_AMT_em":
{"2018": [[70300, 109400, 54700, 70300, 109400]],
"2026": [[65462, 101870, 50935, 65461, 101870]]},
"_AMT_em_ps":
{"2018": [[500000, 1000000, 500000, 500000, 1000000]],
"2026": [[145511, 193974, 96987, 145511, 193974]]},
"_ALD_DomesticProduction_hc":
{"2018": [1],
"2026": [0]},
"_ALD_AlimonyPaid_hc":
{"2019": [1],
"2026": [0]},
"_ALD_AlimonyReceived_hc":
{"2019": [0],
"2026": [1]},
"_ALD_BusinessLosses_c":
{"2018": [[250000, 500000, 250000, 250000, 500000]],
"2026": [[9e99, 9e99, 9e99, 9e99, 9e99]]},
"_ID_prt":
{"2018": [0],
"2026": [0.03]},
"_ID_crt":
{"2018": [1],
"2026": [0.8]},
"_ID_Charity_crt_all":
{"2018": [0.6],
"2026": [0.5]},
"_ID_Casualty_hc":
{"2018": [1],
"2026": [0]},
"_ID_AllTaxes_c":
{"2018": [[10000, 10000, 5000, 10000, 10000]],
"2026": [[9e99, 9e99, 9e99, 9e99, 9e99]]},
"_ID_Miscellaneous_hc":
{"2018": [1],
"2026": [0]},
"_ID_Medical_frt":
{"2017": [0.075],
"2019": [0.1]},
"_cpi_offset":
{"2017": [-0.0025]}
}
}