TITLE

House Lawmaker Touts Plan To Promote Tax-Free Savings

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/8/2006, Vol. 355 Issue 32315, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the legislation proposed by legislator Phil English which allows investors to earn an unlimited tax-free income from savings accounts. The bill is design to streamline the federal tax code through simplification of income and corporate tax calculations. Under the bill, individuals are allowed to have unlimited Roth, an individual retirement account.
ACCESSION #
19751360

 

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