From 5174d72467bd80bf3081a879362cfaa2ec197280 Mon Sep 17 00:00:00 2001
From: Richard Evans <rickecon@gmail.com>
Date: Mon, 9 Dec 2024 21:12:01 -0500
Subject: [PATCH] Updated txfunc.py

---
 ogcore/txfunc.py | 2 +-
 1 file changed, 1 insertion(+), 1 deletion(-)

diff --git a/ogcore/txfunc.py b/ogcore/txfunc.py
index 75cad2fbc..83044305d 100644
--- a/ogcore/txfunc.py
+++ b/ogcore/txfunc.py
@@ -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)