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Taxpayers Work Two Hours Daily for Taxes

August 24th

The average American taxpayer with an eight-hour workday will currently spend over a quarter of their time working to pay their taxes.

A new study released by the Tax Foundation, an independent think tank focused on investigating US federal and state tax policies, has attempted to quantify the total tax burden faced by the average American taxpayer with full-time employment.

The research compiled by Tax Foundation suggests that the average full-time worker will need to spend 2 hours and 13 minutes of an eight-hour workday in order to meet their state and federal tax requirements. This time is equivalent to approximately 27.7 percent of a standard workday.

Primary Tax Obligations

Of this time, the largest portion is dedicated to income tax. Approximately 46 minutes per day on average are required to pay individual income taxes. These are closely followed by social insurance tax obligations, which generally take up about 29 minutes of work per day.

Sales and excise taxes come in third, requiring about 20 minutes of work per day, with property and corporate income taxes requiring the least amount of time. These taxes only take about 16 minutes per day.

It is important to note that these statistics are averages. Due to considerable variability in state and local taxes, as well as disparities in average salary, workers in different geographic locations face differences in the time necessary to meet their tax obligations. The state with the highest tax liability was Connecticut, where workers spent an average of 2 hours and 40 minutes per day working for their taxes, while the lowest was Mississippi with only 1 hour and 51 minutes required.

However, when viewing these statistics, it is also important to keep in mind the considerable amount of debt facing the US government. According to research, if the US government were to attempt to cover the budget deficit by raising taxes, they would need to be raised to the point that the average individual would work 3 hours and 7 minutes each day just to meet their obligations.


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