Eric, do you know what the proposed cap on 401 contribution is going to be?   I used this for 30 years to invest my profit sharing from Pella Corp.    My contribution I think was up 25% of my gross income, but that was still usually in less than 10,000 dollars.

So if Rep have proposed that you can not defer more than say 100,000$ then I'm gonna be less resistant, that would affect vert few wage earners.  If you have the income to set aside $100,000 in a years times, I'd be pleased to say you have to pay your tax's on this year, not at withdrawal.

We need to return to tax systems that have a true moral component, which is why we had a progressive tax in the first place.   I simply have no concern for a family with $100,000 of discretionary income, having the 401tax deferral eliminated.  

Found it:  I'm deeply opposed.  Wage earners lost pensions already, now they want this too?

https://www.nytimes.com/2017/10/20/us/politics/republicans-tax-401-k.html