Most of your retirees pay higher taxes than Mitt.
It is interesting to see how some get their talking points from MSNBC. We all pay 15% on our investment income (you, Biden, Mitt, Newt, Obama, etc.) so comparing it your 401K withdrawal, which is not investment income, is truly bogas. Second, you put your 401K monies in tax free. You could convert the 401K monies to a Roth IRA then your investment income would be zero. Now what.
When making statements like this, it would best to be correct with the logic versus repeating what Joe on MSNBC said.