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Ignorance of the average taxpayer?

 

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Subject Author Date
Ignorance of the average taxpayer? oprah.chopra 04-28-2008
Posted by BeanTownSteve on April 29, 2008, 7:19 pm
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On Apr 28, 2:17 pm, oprah.cho...@gmail.com wrote:
> Are there any studies on the ignorance of the average taxpayer? I
> wonder what percentage can explain the difference between a standard......
<snip>

Why limit it federal/state tax items? While many people do not read
the instructions,
that relates to ANYTHING not just taxes, it takes 'special' type of
person to actually
read something as basic as an IRS Publication 17. Not to mention the
volume of other things.

But consider the number of people who seem perplexed at the ATM. The
homeowners who have
no idea how to read their utility bill (that's taxes on there??), and
the sterotype of flashing "12:00" on
the VCR didn't come from thin air! Not to mention VCR+!

The world is populated by people who can't do and don't know LOTS of
stuff!




========================================= MODERATOR'S COMMENT:
- when my 7 yr old saw the label on a hair dryer "do not use while
bathing or showering" she asked how stupid they thought people were. I had
to explain that every label like that represented a number of people who
likely died or were injured. STD deduction? I bet 9 of 10 people have no
idea what a Roth IRA is. And no, the readers here are not your average
population.

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