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“My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit.”
 
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Tags: Accounts | Act | Bank | Certificates | Deposit | Earned | Eliminates | Interest | Legislation | Relief | Savings | Simple | Simply | Such | Tax | Taxation
 
Author details
 
 
Cliff Stearns
 
Nationality:   American
 
Date of Birth:   Apr 16, 1941
 
Profession:   Politician
 
 
 
 
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