Most of the U.S. tax incentives go to wealthy families

Most of the U.S. tax incentives go to wealthy families. Congressional budget analysts said on Wednesday that the 10 biggest incentives in the U.S. tax code could save taxpayers more than $900 billion this year...

Congressional budget analysts said on Wednesday that the 10 biggest incentives in the U.S. tax code could save taxpayers more than $900 billion this year, but more than half of the incentives go to the 20% richest families in the United States.

According to the "Washington Post" report, the Congressional Budget Office reported that the richest 1% of households with annual income of more than $327,000 receive 17% of all tax benefits.