JOBS AND GROWTH TAX RELIEF RECONCILIATION ACT OF 2003
A US tax law that lessened the maximum individual income tax rate on corporate earnings to 15% and the long-term individual income tax rate on capital gains to 15%. The act was passed by the Congress on May 23, 2003 and signed by former President George W. Bush on May 28, 2003. The act was intended to bolster the effects of the Economic Growth and Tax Relief Reconciliation Act of 2001.
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GMD
ISO 4217 abbreviation for Gambian dalasi, official currency of Gambia. Introduced in 1971, it replaced the former national currency, the Gambian po ...
Breakeven Tax Rate
Tax rate that is neither profitable nor unprofitable for an individual, company, or institution to engage in a certain transaction. It refers to a ...
Beating The Gun
An informal and casual phrase used when an investor buys or sells a security at an advantageous amount by conducting a trade ahead of the market&rs ...
Consumer Debt
Debt incurred for purchasing consumable goods or products that do not appreciate. Normally, an individual gain no benefit from possessing high leve ...
American Recovery and Reinvestment Act
It is an act that was signed in February 2009 by US President Barack Obama. This act was initiated to respond to the country’s weak economic ...
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