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modify description of AGI surtax
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Cody Kallen committed Mar 1, 2017
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2 changes: 1 addition & 1 deletion taxcalc/reforms/Clinton2016.json
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// Reform_File_Author: Cody Kallen
// Reform Reference: https://www.hillaryclinton.com/briefing/factsheets/2016/01/12/investing-in-america-by-restoring-basic-fairness-to-our-tax-code/
// Reform Description:
// - 4% surcharge on AGI above $5 million (1)
// - 4% surcharge on AGI above $5 million ($2.5 million for married filing separately) (1)
// - Establishment of the "Fair Share Tax" at a 30% rate (aka the Buffett rule) (2)
// - Limit the tax value of itemized deductions to 28% (3)
// - Expansion of the Child Tax Credit and Additional CHild Tax Credit for children under 5 (4)
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