Of course, it does seem a little odd to create a tax bracket solely for a group of people who could fit onto the love boat (with plenty of room left over for a few of the hoi polloi).
Many in this age group could be saving for a deposit on a home, whereas first-time buyers in the 25-to-34 age bracket could explain why that age group saw the smallest rise in take-up (24%).
The group has argued that that corporate taxes, payroll taxes and so-called "bracket creep"--where taxpayers are bumped into a higher tax bracket because of inflation--are all examples of hidden taxes.
Roth's advantage over non-Roth alternatives shrinks or disappears if you assume that your tax bracket will be lower in retirement than it is now, says Joel Dickson, an economist at the Vanguard Group.