Footie, you just keep failing harder and harder.
My company has a very good matching 401k where the company, as part of my compensation, matches up to 6% of my gross pay. So, I get a "free" 6% added to my salary that is put into the stocks of my choice (or mutual funds, whatever), and that 6% is not taxed at all (neither is the percentage I put in myself) until I "sell" those stocks in the future when I retire.
Is this a "tax loophole" as well since roughly 15% or more of my compensation is not taxed at all until 30+ years down the road?
Oh wait, my own part of my medical is not taxed ever, neither is the part that my employer pays for me (and this is part of my total compensation package), is that a tax loophole?
A very conservative estimate is that it costs an employer $20k/year for health insurance per employee. So, there's another $20k/year that is part of my compensation package that I am not taxed on...loophole?
I get part of my compensation in company stock. Unfortunately it's currently worth about 1/3rd of it's value of three years ago.