$1.1 trillion in loopholes and deductions cost more than Medicare and Medicaid combined

 

 

 

Tax breaks offered by the federal government tend to overwhelmingly favor the richest segment of the population, while entitlement benefits and other federal social benefits are more evenly distributed.

Families earning more than $1 million before taxes receive $447,259 from tax breaks By contrast, for taxpayers earning $10,000 or less, the average break amounts to $427.

Loopholes

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