|55% Have Filed Their Taxes, 43% Expect Refund|
30/03/2011 03:52 (783 Day 21:56 minutes ago)
The FINANCIAL -- With less than three weeks to go until tax day, over half of Americans have filed their income taxes, and nearly as many expect to get a refund.
A new Rasmussen Reports telephone survey finds that 55% of American adults have already filed their income taxes. That's up just slightly from two weeks ago when 51% had already filed but nearly double the number from a month ago. Forty percent (40%) still have not filed.
Adults are waiting longer to file their taxes this year than last. At this time a year ago, 62% had already filed their income taxes.
A plurality (43%) of all adults expects to get a refund, which is consistent with findings all year. Twenty-three percent (23%) expect to owe money, while another 23% expect to break even. Fewer adults expect to get a refund than this time last year.
Over half of men plan to spend their tax refund, while almost as many women plan to save it. More young adults also plan to spend their refund, while older adults plan to save it.
Roughly half of adults under 40 who have not yet filed their taxes plan to get an extension, far higher than the average and among the highest across all demographics.
But then 43% of all adults say filing income taxes is worse than going to the dentist.
Most Americans continue to believe middle class taxpayers pay a larger share of their income in taxes than those who are wealthy, and they favor an income tax system where everyone pays the same percentage of their income.
Despite concern about the country’s historic-level budget deficit, Americans are not willing to pay more in taxes to reduce it. Last April, 66% of voters said Americans are overtaxed.
Only nine percent (9%) of American Adults think the United States has the best tax system in the world.