Based on over 30 years of modeling experience, Tax-PI is a ready-to-use dynamic impact model which captures the direct, indirect, and induced fiscal and economic effects of taxation and other policy changes over multiple years (up to 2060).
As states begin to demand better methods for estimating the economic and fiscal impacts of alternative tax scenarios and creating state budgets, they look to experts to respond with sophisticated, flexible, and relevant tools that can meet their needs. States need to thoroughly evaluate both the short- and long-term effects of any tax changes in order to best serve the people. Tax-PI allows government agencies to perform various economic analyses, including budget forecasting, with a model backed by years of dependability and experience.
As the only widely-available dynamic model, decision-makers rely on Tax-PI to demonstrate the economic and fiscal impacts of policy on local and state budgets. As a result, Tax-PI informs and guides policy decisions based on their economic and fiscal impact, such as: state and local tax changes, state and local fiscal budgets, and education and infrastructure investments.
Alaska Department of Revenue
Illinois Department of Commerce
Louisiana Department of Revenue
Massachusetts Department of Revenue
National Education Association
New York State Division of the Budget
Texas Legislative Budget Board
Washington State Legislature
