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Consider the following top federal tax rates in the United States: Personal Tax Rates Year Corporate Tax Rate Interest Income Dividends Capital Gains 2000 35%
Consider the following top federal tax rates in the United States: Personal Tax Rates
| Year | Corporate Tax Rate | Interest Income | Dividends | Capital Gains |
| 2000 | 35% | 40% | 40% | 20% |
| 2005 | 35% | 35% | 15% | 15% |
In 2005, the effective tax rate for debt holders was closest to:
| 58% | ||
| 35% | ||
| 40% | ||
| 65% |
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