[ImphClinton]

TO: All

The 401k WILL NOT bennifit one cent. It is already not taxed. Any and all dividends are use to buy more stock. That will not change one wit.

Now cut the tax at the corporate level and more stock will be bought with higher dividends. This bennifits all not just the very richest 3% that actually own more than a few hundred shares of stock in their own name.

You are taxed once for Social Security (FICA Tax) then taxed again on the same money as Income Tax.

[Sofa King]

"The 401k WILL NOT bennifit one cent. It is already not taxed. Any and all dividends are use to buy more stock. That will not change one wit."

The dividends are taxed BEFORE they are used to buy stock. If the double tax is eliminated, that dividend will be able to buy more stock.