Just thought I would point out:
(1) The ONLY reason 401K’s exist is to avoid income taxes.
(2) If there was no income tax, there would be no 401K’s to take (and you wouldn’t be jumping through all these hoops you do now to save for your retirement).
The next time someone asks you about the Fair Tax, remember those two facts.
So, what your saying is that the 1913 act that created the Infernal Revenue Service and the income tax should be abolished.