The Jobs Growth Tax Relief Reconciliation Act of 2003 significantly changed the tax treatment of corporate dividends for most taxpayers by dropping the tax rate to the rate applicable on capital gains, which is a maximum rate of 15%.

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The Jobs Growth Tax Relief Reconciliation Act of 2003 did indeed lower the tax rate on corporate dividends to the rate applicable on capital gains, which is a maximum rate of 15%.

The Jobs Growth Tax Relief Reconciliation Act of 2003 Significantly