Jobs+and+Growth+Tax+Reconciliation+Act

The Jobs and Growth Tax Reconciliation Act was passed by congress on May 23, 2003. Then on May 28, 2003 it was signed by president George W. Bush. The authors of this act includes: Alvin Geske, Alban Salaman, and Richard Sills. The act accelerated certain tax changes passed in the, The Jobs and Growth Tax Reconciliation Act increased the exemption amount for the individual Alternetive Minimum, and lowered taxes of income from dividends and capital gains. An interesting fact about this law is taxes paid by millionaire households more than doubled from $136 billion in 2003 to $274 billion in 2006. -Wyatt Tabbert