With Tax Day looming and 74 percent of people disapproving of how the government has used tax dollars during the COVID-19 pandemic, WalletHub released its 2021 Taxpayer Survey, as well as its yearly report on the States with the Highest & Lowest Tax Rates in order to help people better understand this confusing time of year.
You can find highlights from both below, followed by the full list of WalletHub’s 2021 taxpayer resources.
2021 Taxpayer Survey
• 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 six 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.
Lowest Tax Rates
1. Alaska
2. Delaware
3. Montana
4. Nevada 5. Wyoming
5. Wyoming
6. Florida
7. Utah 8. Idaho
8. Idaho
9. Colorado
10. Tennessee
Highest Tax Rates
42. New Jersey
43. Ohio
44. Iowa
45. Wisconsin
46. Nebraska
47. Kansas
48. Pennsylvania
49. New York
50. Connecticut
51. Illinois
