2020 Taxpayer Survey
- 30% of people say making a math mistake as well as not having enough money are their biggest Tax Day fears, edging out identity theft (21%) at the top of the list.
- 37% of people would move to a different country for a tax-free future. 26% would get an “IRS” tattoo and 19% would stop talking for 6 months.
- 34% of people think charities would make the best use of their tax dollars, outnumbering by nearly 2.5 times people that trust the federal government the most with their taxes.
- The average red-state tax rate is 10.67%, just under the average blue-state rate of 10.93%.
|States with the Lowest Tax Rates||States with the Highest Tax Rates|
|1. Alaska||42. Rhode Island|
|2. Delaware||43. Iowa|
|3. Montana||44. Ohio|
|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|
Democrats vs Republicans
Areas of Agreement:
- Both agree that rich people do not pay their fair share in taxes.
- Both agree that poor and middle class people do pay their fair share in taxes.
- Both agree that their tax rates are too high.
- Most Democrats say corporations should pay higher taxes rates than consumers; most Republicans don’t agree.
- Democrats say healthcare should be the biggest priority in the 2020 elections, followed by taxes. Republicans vote for national security, healthcare and immigration ahead of taxes.
WalletHub’s 2020 Taxpayer Resources