Unify Colorado CDCCs beginning in 2026 #4656
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## master #4656 +/- ##
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+ Coverage 98.97% 99.00% +0.03%
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Lines 35869 35815 -54
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+ Misses 339 327 -12
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policyengine_us/parameters/gov/states/co/tax/income/credits/eitc/adjustment_percentage.yaml
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policyengine_us/parameters/gov/states/co/tax/income/credits/eitc/adjustment_percentage.yaml
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policyengine_us/parameters/gov/states/co/tax/income/credits/eitc/match.yaml
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I think this summary states that two credits are combined into one -> we will need variable adjustments as well I believe |
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We currently have 2 vairbales: After 2026 this should be just the co_cdcc so we will set the other variable to 0 starting in 2026 (through an |
policyengine_us/parameters/gov/states/co/tax/income/credits/cdcc/low_income/in_effect.yaml
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policyengine_us/parameters/gov/states/co/tax/income/credits/cdcc/low_income/in_effect.yaml
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policyengine_us/parameters/gov/states/co/tax/income/credits/cdcc/low_income/in_effect.yaml
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policyengine_us/parameters/gov/states/co/tax/income/credits/cdcc/low_income/in_effect.yaml
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policyengine_us/parameters/gov/states/co/tax/income/credits/eitc/adjusted_percentage.yaml
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policyengine_us/parameters/gov/states/co/tax/income/credits/eitc/match.yaml
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policyengine_us/variables/gov/states/co/tax/income/credits/cdcc/co_low_income_cdcc.py
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policyengine_us/parameters/gov/states/co/tax/income/credits/eitc/match.yaml
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policyengine_us/parameters/gov/states/co/tax/income/credits/eitc/adjusted_percentage.yaml
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| - threshold: | ||
| 2021-01-01: 0 | ||
| amount: | ||
| 2021-01-01: 0.1 |
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I dont think we should have to duplicate the amounts but rather make varying thresholds since it is flat until 2025 if I am reading this correctly
| @@ -16,20 +16,24 @@ class co_low_income_cdcc(Variable): | |||
| def formula(tax_unit, period, parameters): | |||
| # follow 2022 DR 0347 form and its instructions (in Book cited above): | |||
| p = parameters(period).gov.states.co.tax.income.credits | |||
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| p = parameters(period).gov.states.co.tax.income.credits | |
| p = parameters(period).gov.states.co.tax.income.credits.cdcc.low_income |
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lets make it 1 for the years before 2026 - would that neutralize the imapct?
| # After 2026-01-01, the low-income family child care expenses credit will be combined | ||
| # into the child and dependent care credit. | ||
| metadata: | ||
| label: Colorado low-income family child care expenses credit unified |
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add period and unit
Fixes #4637