InvestorWords.com
Jobs and Growth Tax Relief Reconciliation Act of 2003
Definition
Federal legislation passed in May 2003 designed to improve the economy in the United States. This act was designed to spur spending by reducing taxes. It also classified dividend payments as long-term capital gains, subjecting dividends to lower rates than that of ordinary income.
Recommended Articles from InvestorGuide.com
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!
Nearby Terms
- job title
- jobber's turn
- jobbing
- jobless
- jobless claims
- Jobs and Growth Tax Relief Reconciliation Act of 2003
- JOD
- Johannesburg Interbank Agreed Rate (JIBAR)
- Johannesburg Stock Exchange (JSE)
- John Bogle
- John Maynard Keynes



