They get the max. Unfortunately, they have many opportunities for deductions that the majority of Americans don't.
Capital Gains?....... Hedge funds can collect billions and get a 15% income tax rate.
Mortgage interest? "According to a study by The Wharton School at the University of Pennsylvania, mortgage interest deductions for households with incomes between $40,000 and $75,000 average just $523, while households with incomes above $250,000 enjoy an average write-off of $5,459, or more than 10 times as much.
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