[Argus]

"If you are a middle-class person your stocks are in a 401(k), your dividends are already tax-sheltered.

Until you retire and make withdrawals, at which point you will pay the relevant taxes. Postponing taxes is not the same as cutting them. I'm for cutting them, across the board, right now.

[johnb838]

Postponing is not cutting, true... but theoretically when you retire and take the money out your income will be much lower than when you put them in so your marginal rate will be lower. Hmmm... now that I see that in print I don't like what I see. Especially the part about my income being so much lower when I retire.

Also a question: What happens when people who don't pay taxes get a tax cut or credit. Do they get a 'welfare' check over and above a refund of anything they've put in?