JCX-48-23 (October 30, 2023)

Estimating Changes In The Federal Individual Income Tax:  A Description Of The Individual Tax Model For 2023.

This document reviews the economic modeling that the Joint Committee staff undertakes in analyzing proposed changes to the individual income tax.  In addition, this document highlights several updates to the economic modeling since the Joint Committee staff’s previous publication describing individual income tax analysis, JCX-75-15.