diff --git a/taxcalc/reforms/Clinton2016.json b/taxcalc/reforms/Clinton2016.json index e7f49608a..ddad83ec8 100644 --- a/taxcalc/reforms/Clinton2016.json +++ b/taxcalc/reforms/Clinton2016.json @@ -33,7 +33,7 @@ {"2017": [true]} } } -// Note: Due to ack of detail, data or modeling capability, many of Clinton's proposed tax changes cannot be scored. +// Note: Due to lack of detail, data, or modeling capability, many provisions cannot be scored. // These omitted provisions include: // - New structure on capital gains taxes: // - 39.6% if held less than 2 years diff --git a/taxcalc/reforms/Trump2016.json b/taxcalc/reforms/Trump2016.json index 5ece8c237..43e8b60f4 100644 --- a/taxcalc/reforms/Trump2016.json +++ b/taxcalc/reforms/Trump2016.json @@ -99,3 +99,11 @@ {"2017": [[100000, 200000, 100000, 100000, 200000]]} } } + +// Note: Due to lack of detail, data, or modeling capability, many provisions cannot be scored. +// These omitted provisions include: +// - Allow expenssing for pass-through firms +// - Tax carried interest as ordinary business income +// - Repeal pass-through business tax expenditures +// - Corporate tax provisions +// - Estate tax provisions