 President Bush made additional changes to the capital gains tax rates for the bottom two income tax brackets in 2001, which were lowered from 15% and 28% to 10% and 15%, respectively, by lowering the tax on long-term capital gains held for more than five years from 10% to 8%.He also reduced the tax on short-term capital gains from 28% to 15% for the 15% tax bracket as well as lowered the tax on long-term capital goods from 20% to 10%.In 2003, the capital gains tax on long-term capital goods decreased from 10% to 5% for both of the bottom two tax brackets (10% and 15%).