When all forms of taxes and income and capital gains are considered, the richest 1% pay lower tax rates than the poorest 20% of Americans.
In 2014, the middle class—the 40% of American adults with incomes just below the top 10%—received more in safety net government transfers (Medicare, Medicaid, food stamps/SNAP, Veterans’ benefits, etc., but excluding Social Security) than the bottom 50% of Americans.
For the mortgage interest deduction alone, households earning over $100,000 in 2012 claimed 77.3 percent of the total tax savings.
For many of these well-positioned Americans, there are second homes with another mortgage deduction.
Also subsidizing the rich are the unauthorized immigrants who pay for Social Security but are ineligible for benefits.