Friday, July 24, 2015

The rich get government handouts just like the poor.


The rich get government handouts just like the poor.

Here are 10 of them.

In case you are still skeptical that many of the non-poor

and, in fact, a lot of the rich


we've rounded up some more examples below

.1. The mortgage interest deduction for big houses and second homes.

2. The yacht tax deduction.

3. Rental property.

4. Fancy business meals.

5. The capital gains tax rate.

6. The estate tax.

7. Gambling loss deductions.

8. The Social Security earnings limit.

9. Retirement plans.

10. Tax prep.

Emily Badger is a reporter for Wonkblog covering urban policy. She was previously a staff writer at The Atlantic Cities.

Christopher Ingraham writes about politics, drug policy and all things data. He previously worked at the Brookings Institution and the Pew Research Center.