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Updated txfunc.py
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rickecon committed Dec 10, 2024
1 parent 5346cfb commit 5174d72
Showing 1 changed file with 1 addition and 1 deletion.
2 changes: 1 addition & 1 deletion ogcore/txfunc.py
Original file line number Diff line number Diff line change
Expand Up @@ -112,7 +112,7 @@ def get_tax_rates(
np.squeeze(params[..., 1]),
)
if rate_type == "etr":
pct_incr_base = 0.03
pct_incr_base = 0.05
txrates = (
1 - (lambda_s * (income ** (-tau_s)))
) * (1 + pct_incr_base)
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