re: Proposed 401k limit -- $2400 per year

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$2400? frick that. You have a link?

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It might be too soon to even call it a proposal. It seems to have been introduced in a list of things to make up for the corporate tax short fall. It leaked because when the special interests heard about it, they started to raise holy hell.

Willing to bet it doesn't pass. While I think the articles I've read overstate how large the vocal constituents will be (how often do we have threads about how little Americans save?), at the end of the day the math doesn't work out.


Uncle Sam is stepping into the investment markets by piggybacking on the private consumer. Essentially letting them manage and grow the tax revenue owed each year, only to back it back with interest later.

You'd be increasing tax revenue today at the expense of overall revenue over time.