diff --git a/changelog.d/reset-ga-income-tax-rate-5.19.changed.md b/changelog.d/reset-ga-income-tax-rate-5.19.changed.md new file mode 100644 index 00000000000..3a9da438a09 --- /dev/null +++ b/changelog.d/reset-ga-income-tax-rate-5.19.changed.md @@ -0,0 +1 @@ +Reset Georgia income tax rate to constant 5.19%, removing premature conditional rate reductions scheduled for 2026-2028. diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/head_of_household.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/head_of_household.yaml index bb5bb53942c..c7ccf9764b9 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/head_of_household.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/head_of_household.yaml @@ -28,51 +28,33 @@ brackets: 2021-01-01: 0.01 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 1_000 rate: 2021-01-01: 0.02 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 3_000 rate: 2021-01-01: 0.03 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 5_000 rate: 2021-01-01: 0.04 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 7_000 rate: 2021-01-01: 0.05 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 10_000 rate: 2021-01-01: 0.0575 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/joint.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/joint.yaml index b16f119b66b..38ddaee7c46 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/joint.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/joint.yaml @@ -29,51 +29,33 @@ brackets: 2021-01-01: 0.01 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 1_000 rate: 2021-01-01: 0.02 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 3_000 rate: 2021-01-01: 0.03 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 5_000 rate: 2021-01-01: 0.04 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 7_000 rate: 2021-01-01: 0.05 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 10_000 rate: 2021-01-01: 0.0575 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/separate.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/separate.yaml index 87a9cf81665..52981860352 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/separate.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/separate.yaml @@ -28,51 +28,33 @@ brackets: 2021-01-01: 0.01 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 500 rate: 2021-01-01: 0.02 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 1_500 rate: 2021-01-01: 0.03 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 2_500 rate: 2021-01-01: 0.04 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 3_500 rate: 2021-01-01: 0.05 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 5_000 rate: 2021-01-01: 0.0575 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/single.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/single.yaml index 7eaadc981fa..6e5965306bb 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/single.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/single.yaml @@ -28,51 +28,33 @@ brackets: 2021-01-01: 0.01 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 750 rate: 2021-01-01: 0.02 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 2_250 rate: 2021-01-01: 0.03 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 3_750 rate: 2021-01-01: 0.04 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 5_250 rate: 2021-01-01: 0.05 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 7_000 rate: 2021-01-01: 0.0575 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 diff --git a/policyengine_us/parameters/gov/states/ga/tax/income/main/surviving_spouse.yaml b/policyengine_us/parameters/gov/states/ga/tax/income/main/surviving_spouse.yaml index 60771bd5816..99f5420db9f 100644 --- a/policyengine_us/parameters/gov/states/ga/tax/income/main/surviving_spouse.yaml +++ b/policyengine_us/parameters/gov/states/ga/tax/income/main/surviving_spouse.yaml @@ -29,51 +29,33 @@ brackets: 2021-01-01: 0.01 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 1_000 rate: 2021-01-01: 0.02 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 3_000 rate: 2021-01-01: 0.03 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 5_000 rate: 2021-01-01: 0.04 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 7_000 rate: 2021-01-01: 0.05 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489 - threshold: 2021-01-01: 10_000 rate: 2021-01-01: 0.0575 2024-01-01: 0.0539 2025-01-01: 0.0519 - 2026-01-01: 0.0509 - 2027-01-01: 0.0499 - 2028-01-01: 0.0489