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Jobs And Growth Tax Relief Reconciliation Act of 2003

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Jobs And Growth Tax Relief Reconciliation Act of 2003
Legislation in the United States that lowered most marginal tax brackets and reduced taxes in other ways. For example, the Act reclassified many dividends as long-term capital gains, which caused them to be taxed at a much lower rate. Proponents of the Act argued that it would spur economic growth and job creation following the 2001-2002 recession, while critics contended that it would increase the deficit unnecessarily and shift the tax burden from the wealthy to the middle class.
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And, under certain circumstances, permit building owners and managers to qualify for a special 30% bonus depreciation allowed by the Job Creation and Worker Assistance Act of 2002 or a 50% bonus depreciation allowed under the Jobs and Growth Tax Relief Reconciliation Act of 2003.
The value of cost segregation for owners, managers by Segal, Israel / Real Estate Weekly
According to a Congressional Research Service (CRS) Report for Congress, The Alternative Minimum Tax for Individuals (RL30149), the effects of the legislative reductions in the regular income tax due to the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) have caused more middle-income taxpayers to be subject to AMT.
Navigating the AMT system by Leach, Amy / The Tax Adviser
WORKING FAMILIES TAX RELIEF ACT OF 2004 Known as the Extender Act, WFTRA continues tax cuts from the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA).
Tax relief, chapter 2004: tips for implementing the new rules by Eason, Pat / Journal of Accountancy
 
 
 
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