Americans are more frustrated by the idea of paying taxes this year than they have been in years past thanks to the coronavirus pandemic.
Personal financial website WalletHub recently surveyed 1,150 taxpayers across the nation and found the following:
- 74% of people say the government has not handled their tax dollars wisely during the COVID-19 pandemic.
- 30% of people say making a math mistake is their biggest Tax Day fear, edging out not having enough money (29%) and identity theft (21%) at the top of the list.
- 38% of people would move to a different country for a tax-free future. 27% would get an “IRS” tattoo and 19% would stop talking for 6 months.
- 32% of people think charities would make the best use of their tax dollars, outnumbering by nearly 2.5 times people who trust the federal government the most with their taxes.
- 222 million Americans think the government does not spend taxes wisely.
States with the Lowest Tax Rates | States with the Highest Tax Rates |
1. Alaska | 42. New Jersey |
2. Delaware | 43. Ohio |
3. Montana | 44. Iowa |
4. Nevada | 45. Wisconsin |
5. Wyoming | 46. Nebraska |
6. Florida | 47. Kansas |
7. Utah | 48. Pennsylvania |
8. Idaho | 49. New York |
9. Colorado | 50. Connecticut |
10. Tennessee | 51. Illinois |