The Tax Cut of 2003 Includes All of the Following

question 290

Multiple Choice

The Tax Cut of 2003 includes all of the following provisions EXCEPT

• A)The child income tax credit was raised from $600 to $1,000.
• B)The lowest minimum tax rate was lowered from 15 percent to 10 percent.
• C)The highest income tax bracket was reduced from 38.6 percent to 35 percent.
• D)The top personal income tax rate paid by stockholders on corporate dividends and on capital gains was lowered to 15 percent.

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Definitions:

Postsurgical Patient

An individual who is in the recovery process following a surgical procedure.

Morphine Addict

An individual who has developed a physical or psychological dependence on morphine, a potent opiate analgesic drug.

Euphoria

A feeling or state of intense excitement and happiness.

LSD

Lysergic acid diethylamide, a powerful hallucinogenic drug that alters perception, mood, and a variety of cognitive processes.