If the government ceases to tax income earned on savings,other things equal,it is likely that interest rates would fall.

Name: If the government ceases to tax income earned on savings,other things equal,it is likely that interest rates would fall.
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When income earned on savings is not taxed, people are incentivized to save more. This increase in savings supply would lead to a decrease in demand for loans and, ultimately, lower interest rates.

If the Government Ceases to Tax Income Earned on Savings,other