$40k year is below the cost of living, or will be, in many regions. People also use 401ks for home loans, and for other lie events. I took a 401k loan to make t

$40k year is below the cost of living, or will be, in many regions. People also use 401ks for home loans, and for other lie events. I took a 401k loan to make the down payment on my first house. Most high income truly rich people aren't using 401ks for retirement, it seems to me that once again, people are going after the professionals who are squeezed in the middle, who already pay high tax rates because most of their income is wages -- doctors, lawyers, engineers, and avoiding the top 0.1% and others who amass vast returns and mostly avoid income taxes. Maybe we could try going after the big fish first before we start raiding retirement savings?