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Survey Reveals Top Fears, Dreams of Taxpayers

With tax season in full swing, financial services website WalletHub conducted a poll how U.S taxpayers felt about the current tax structure.

91% of Americans think filing taxes should be free. 7 in 10 Americans are more worried about inflation than taxes right now.

35% of people fear not having enough money to pay on Tax Day, while 22% worry about making a mathematical mistake, and 20% are concerned about identity theft.

Taxpayers Biggest Fears:

  • Not Having Enough Money-35%
  • Math Mistake-22%
  • Identity Theft-20%
  • Getting Audited-18%
  • Forgetting to File    5%

TAX-FREE AMERICAN DREAMS

Nearly 1 in 3 people would rather do jury duty than their taxes

What We’d Rather Do Than Our Taxes:

  • Jury Duty-32%
  • Attend Driver’s Ed Classes-16%
  • Talk to Your Kids about Sex-13%
  • Go on a Hunger Strike-12%
  • Miss a Connecting Flight-12%
  • Drink Expired Milk-5%
  • Swim With Sharks-4%
  • Spend the Night in Jail- 3%
  • Get Naked on a Live Stream-3%

Nearly half of Americans need a tax refund to make ends meet.

TAX RATE ENVY

Nearly 2 in 3 people describe companies that advertise free tax filing services as bait-and-switch schemes.

Sixty-six percent of Americans think their current tax rate is too high, while 31% say just right, and Just Right-31%, and 3% say they’re too low.

More than 1 in 4 Americans know someone who has cheated on their taxes.

Seventy-Seven percent of people believe that the rich don’t pay their fair share in taxes.

Nearly 7 in 10 Americans believe that businesses don’t pay their fair share in taxes.

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