The Texas populist take on the tax cut

[Max B. Sawicky]

Right.

max

I think I follow what you're saying.  But if I do, Molly is only wrong in
her details of how 401ks work.  She still right on her substantial point
that 401k owners -- the vast bulk of the 70% who are counted as holding
stock -- get nothing out of this proposal.  Because their capital
appreciation in 401k's is already untaxed.  No?

I think that's all that matters for her argument here.

Michael