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Tax breaks

Posted: September 17, 2013 6:32 a.m.
Updated: September 18, 2013 5:00 a.m.

Most people here in Kershaw County -- and across the country, for that matter -- would have a ready answer if they were asked where most of the tax breaks in the United States go. They’d probably answer that large corporations get them, at the expense of individuals. But a recent study compiled by a national publication reveals that more than 90 percent of all tax breaks go to individuals, and that personal tax breaks have risen seven times faster than corporate breaks, to the point that such tax “payments” now amount to nearly $1.2 trillion a year.


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