CHARLOTTE, N.C. — With tax season about halfway through, many Americans are asking, "Where’s the money?" A new WalletHub study shows 72% of Americans think their current tax rate is too high.
Tax season is very unpleasant for a lot of people, and WCNC Charlotte has done stories showing people get less money back this year than they were expecting.
WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com.
Now when it comes to the current tax rate, South Carolina ranked number eight for states with the lowest tax rates, while North Carolina ranked in the middle at 18.
The WalletHub study also shows that 28% of people say getting audited is their biggest tax day concern. The same amount of people say they’re worried they don’t make enough money to pay taxes.
So what would you do for a tax-free future?
Out of the people WalletHub surveyed:
- 56% of people said they would give up social media for one year.
- 35% said they would move to a new country.
- 30% said they would get an "IRS" tattoo.
WCNC Charlotte's Where's The Money series is all about leveling the playing field in the Carolinas by helping others and breaking down barriers. WCNC Charlotte doesn't want our viewers to be taken advantage of, so we’re here to help. Watch previous stories where we ask the question “Where’s the Money” in the YouTube playlist below and subscribe to get updated when new videos are uploaded.