Americans Don’t Understand that They Pay Taxes

Americans Don’t Understand that They Pay Taxes

They think the tax system gives them money. Nearly 68% of federal tax filings resulted in a refund in tax year 2022.

As reported by Axios:

Average tax refund by state, tax year 2022:

Florida (about $3,900), Texas ($3,800) and Wyoming ($3,700) had the biggest average tax refunds for tax year 2022, the latest data available.  Maine ($2,700), Wisconsin ($2,700) and Oregon ($2,800) had the smallest.

 

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