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PolicyEngine & OpenFisca US

Max GhenisCo-founder and CEO, PolicyEngine

max@policyengine.org

Policy Simulation Library Demo Day | 2022-04-04

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Agenda

  • What are PolicyEngine and OpenFisca?
  • PolicyEngine US demo: SNAP + EITC reform
  • PolicyEngine UK society demo
  • Future plans for PolicyEngine
  • OpenFisca US tutorial: SNAP calculation

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PolicyEngine's mission

Compute the impact�of public policy�for the world

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Our free open source app unifies models

Survey microdata

Admin totals

Legislation

Enhanced microdata�Fused (random forests)�Reweighted (gradient descent)�Forecasted

Microsim models

US and UK

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PolicyEngine can answer simple questions…

"How much food stamps am I eligible for?"

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…and evaluate intricate reforms

Abolish Personal Allowance

Increase higher rate threshold from £37,700 to £50,270

Merge National Insurance rates into Income Tax

Repeal Council Tax, Stamp Duty, and business rates

Land value tax: 1.2% for households, 1.9% for corporations

Carbon tax: £135 per tonne

Repeal Child Benefit, State Pension, and Pension Credit

Repeal means-tested benefits except those related to housing, disability, & care

Reduce Universal Credit taper rate from 55% to 40%

Weekly UBI: £75 for children, £94 for working-age adults, £185 for pension-age adults

£25/week “single pensioner supplement”, reduced at a rate of 10% with non-benefit income

UK Green Party 2019 manifesto

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DEMO at

policyengine.org

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We'll complete PolicyEngine US by 2024

  • Enhanced microdata
  • US-wide impacts
  • More benefit programs
  • State taxes

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Imagine more democratic policymaking

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OPENFISCA US DEMO

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Get in touch!

max@policyengine.org