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The biggest individual tax break is for employer-paid health care, health insurance and long-term care insurance, none of which is counted as taxable income. That provision cost the government an estimated $143 billion last fiscal year, and is estimated to cost $150.6 billion this year. Taxing dividends and capital gains at lower rates than ordinary income will keep an estimated $120.3 billion out of the Treasury in the current fiscal year, according to the Pew Research Center.

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