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About ITEP | Background | ITEP Microsimulation Model | Corporate Accountability
ITEP Microsimulation Tax ModelThe development of the ITEP Microsimulation Tax Model, completed in 1996, marked the beginning of a new era for ITEP. The ITEP model is capable of calculating the impact of current tax law and tax change proposals on taxpayers by income level. The model can also project potential revenue yields of tax law changes. The model is unique in its ability to produce analysis at the federal and state levels and to analyze income, consumption and property based taxes.The ITEP model is frequently used to analyze many federal tax proposals and to look at the impact of current tax policies on issues of public concern. The model analyses have been used by CTJ to show the likely impacts of various flat tax and national sales tax proposals on the federal budget and the direct tax consequences for families at different income levels. Most recently, the ITEP tax model was instrumental during the 2001 legislative session. As the only computer model outside the Treasury and the Congressional Joint Committee on Taxation capable of doing such analysis, the ITEP model enabled CTJ to show the true costs and distribution of the President's tax plan. For more information on the ITEP Microsimulation Tax Model, click here.
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