Actually I'd do better under 9-9-9, but I'm not under any illusion that it could pass. Romney's plan eliminates taxes on capital gains and dividends for the middle class. The chief "complaint" is that the middle class realize very little of these types of income. This is actually a feature of the plan. People would shift their saving habits given the new incentive and it would cost the government very little in lost revenue for them to do so.
The problem with the analysis is that the middle class has alternatives (Retirement and Education accounts) that eat up most of their savings. Given the alternative Romney offers, I'd expect shifts from these specialized accounts to general investment accounts, all at very little cost to the government.
I would certainly ditch my 401k with it's ridiculous 2-3% expense ratios in favor of an account I could run myself for under 1%.
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