These 3 tax breaks favor the rich

Reuters/Arnd Wiegmann There are certainly a lot of tax breaks that benefit lower-income individuals, such as the earned income tax credit, retirement savings contributions credit, and the various education deductions and credits. However, there are also several tax breaks that favor the rich, and some are disguised as tax breaks intended to help everybody. Here are three examples, and some information on just how big these tax breaks can be for the 1%. Mortgage interestThough it's one of the mos...