I know that the politicians are scrambling trying to find ways to pay for their ill-advised tax cut.…

I know that the politicians are scrambling trying to find ways to pay for their ill-advised tax cut. I think that tampering with the 401 K plan is a mistake. Plus, President Trump took that off of the table by saying nothing will happen with 401 K plans. Yet, politicians are still talking about it. Some of the other items being discussed are limiting deductions on mortgage interest and or charitable contributions. Where does it make sense to create a plan that cuts taxes and takes away tax deductions that were in place to reduce taxes? It would seem that the two could cancel each other out.
https://www.cnbc.com/2017/10/25/rep-kevin-brady-says-401k-changes-could-happen-contradicting-trump.html

Top House tax writer suggests 401(k) changes could still happen, contradicting Trump
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