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> This benefits them and society. I don’t think you can say the same thing about the OP here.

The OP is given a tax incentive to build businesses in depressed economic zones and low-income areas.

Both roth ira and this special tax "loop hole" are incentives the gov't implemented to encourage a beneficial behaviour.

The 401k was a literal tax loophole - it was never intended to be a tax-deferred retirement vehicle. Some accountant just noticed it in the tax code and figured that most Americans could actually take advantage of it.

https://www.northwesternmutual.com/life-and-money/your-401k-...

I assume you're sticking to your morals and don't use the 401k loophole?

The spirit of the tax benefit, like all tax benefits, was to help some special interest avoid their taxes.