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JS-417
The table attached estimates the number of taxpayers by state that would benefit from the Jobs and Growth Tax Relief Reconciliation Act of 2003.
The Act will:
- Reduce Taxes
- Accelerate the 10-Percent Bracket Expansion
- Accelerate the Reduction in Income Tax Rates
- Accelerate the Reduction in Marriage Penalty
- Accelerate the Increase in Child Tax Credit
- Provide a Reduced Individual Tax Rate for Corporate Dividends and Capital Gains
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