Who benefits from tax expenditures? (Tax Policy Center)
(WorldNews Politics)

(Source: Tax Policy Center) This post is part of the Tax Policy Center`s new series, Tax Line, which digs into the data behind the day`s most pressing tax policy issues. You can read all posts in this monthly series by clicking on the topics tag, TaxLine, at the bottom of this post. Individual tax expenditures reduced federal revenues by $1.168 trillion in 2015, according to new estimates by the Tax Policy Center. And the biggest share of these subsidies goes to the highest-income households. These tax preferences range from widely used and popular subsidies such as the mortgage interest deduction and...