House Lawmaker Touts Plan To Promote Tax-Free Savings

McConnell, Alison L.
February 2006
Bond Buyer;2/8/2006, Vol. 355 Issue 32315, p5
Trade Publication
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.


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