T03-0049 - 50-Percent Exclusion for Dividend Income: Revenue Costs ($ billions), 2003-12
2003-12 calendar and fiscal year revenue effects of exempting 50-percent of qualified dividends from individual income taxation.
![](https://www.taxpolicycenter.org/sites/default/files/model-estimates/images/T03-0049.gif)
2003-12 calendar and fiscal year revenue effects of exempting 50-percent of qualified dividends from individual income taxation.