Personal finance social networkWalletHub.com released a report thatranked Tennessee as having the sixth-lowest tax rate in the nation.
WalletHub’s analysts compared the 50 states and the District of Columbiaagainst national medians across four types of taxation: real estate tax, vehicle property tax, income tax, and sales and excise tax.
Itcalculated relative income tax obligations by applying the effective income tax rates in each state and locality to the average American’s income.
WalletHub also surveyed 500 residents across the nation, asking a series of questions related to taxes.
When asked what people would do for a tax-free future, 20 percent would get an IRS tattoo, 16 percent would move abroad, and 10 percent would stop talking for six months.
When asked who they would most like to punch, respondents overwhelmingly said Donald Trump, with the answer “a congressman” coming in second.
Additionally, 65 percent of those surveyed said that Trump’s tax reforms would not save them money.
And many people would rather do just about anything than their taxes-40 percent would rather change dirty diapers.
Eric Wise is a contributing writer. He is currently attending UTC, where he is a staff writer for the school newspaper, The University Echo. He also serves as the alumni relations chairman for his fraternity.