The Tax Cuts and Jobs Act of 2017

Multiple Choice

The Tax Cuts and Jobs Act of 2017

A) left the rates on dividends and long-term capital gains the same, but increased the amount of income needed before the tax became effective.
B) taxes short-term and long-term capital gains at the same rate.
C) eliminated the tax rate on dividends to avoid double taxation.
D) made high dividend paying stock less attractive to high income investors.