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Message: <blockquote data-quote="brett636" data-source="post: 883466" data-attributes="member: 249">Well, 401Ks are part of the current tax code so if you scrap the tax code then you scrap section 401K along with it. How would this affect current 401K's? Your guess is as good as mine but that's not the only tax shelter/loophole that would go away under one of these "simplify the tax code" plans like 999 or fairtax. I don't think Cain has a chance in hell of getting elected though so this is probably all hypothetical.</blockquote>I wouldn't be so sure about that.  Herman is well liked among people that know him, the problem is that until now few people knew of him.  That's changing and fast and before you know it we will have a president Cain getting sworn in January of 2013[/QUOTE]