From 25dc700e23ef0a5cd3ba0c4d99cb39a31fd4509a Mon Sep 17 00:00:00 2001 From: Richard Evans Date: Wed, 21 Aug 2024 06:37:07 -0700 Subject: [PATCH] Updated docstring in tax.py --- ogcore/tax.py | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/ogcore/tax.py b/ogcore/tax.py index eddeba754..af161d66e 100644 --- a/ogcore/tax.py +++ b/ogcore/tax.py @@ -21,7 +21,7 @@ def ETR_wealth(b, h_wealth, m_wealth, p_wealth): Calculates the effective tax rate on wealth. .. math:: - \tau_{s,t}^{etr,w} = + \tau_{t}^{etr,w} = p^{w}\left(\frac{h^{w}b_{j,s,t}}{h^{w}b_{j,s,t} + m^{w}}\right) Args: @@ -44,8 +44,8 @@ def MTR_wealth(b, h_wealth, m_wealth, p_wealth): Calculates the marginal tax rate on wealth from the wealth tax. .. math:: - \tau^{mtrw}_{s,t} = \tau^{etr,w}_{s,t} - \left[2 - \left(\frac{h^w}{h^w b_{j,s,t} + m^w}\right)b_{j,s,t}\right] + \tau^{mtrw}_{t} = \tau^{etr,w}_{t} + \left[2 - \left(\frac{h^w b_{j,s,t}}{h^w b_{j,s,t} + m^w}\right)\right] Args: b (Numpy array): savings