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

To be fair, this has to all be taken into a wholistic context of what other tax changes occur. If the rates or bands get adjusted dramatically, then it could make the 401k deduction less relevant.

No matter what, changes to the code will have winners and losers but analyzing this “on average” is too generalized.

I’m still a fan of a flat tax or Fair Tax with heavier deductions but the government will never give up the special interest nipple nor it’s primary source of power.