How Large Is Texas' Tax Burden In 2019

Personal finance website WalletHub has released a new report showing just how intense the tax burden is Texas and other states. Texas ranked 33rd among all 50 states, WalletHub stated. The organization looked at property taxes, individual income taxes, and sales and excise taxes as a share of total personal income, WalletHub stated in a news release.

The report was compiled using data from the Tax Policy Center.

The state with the largest tax burden was New York, Hawaii, and Maine.

Some other key stats from WalletHub:

• Americans spend 8.1 billion hours doing taxes each year. The average person spends 11 hours and $200 completing his or her 1040.
• 4.6 million fewer taxpayers will get a federal tax refund this year. The average refund in 2019 is $2,957, as of 3/15/2019.
• Nearly one-third of people (31%) say their biggest Tax Day fear is making a math mistake on their taxes, topping not having enough money (28%), identity theft (24%) and getting audited (17%).
• 36% of Americans would move to a different country and 24% would get an "IRS" tattoo for a tax-free future.
• 50% of people would rather do jury duty than their taxes. 1 in 5 would prefer talking to their kids about sex. More than 10% would swim with sharks, spend the night in jail and drink expired milk.