Half of Americans have no idea how tax law changes will impact them
SWNSWed, January 28, 2026 at 7:35 AM UTC
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Americans know the Big Beautiful Bill will hit their taxes, but a new study has found many have no idea how it'll actually affect them. The poll of 2,000 U.S. taxpayers commissioned by TaxSlayer and conducted by Talker Research found 46% are aware of new tax law changes being applied this year, but 56% of those aware admitted they have no idea what those changes actually mean for them. A majority (84%) said they pay attention to tax law changes, but only 55% do research on what tax rules or changes will be. In fact, 41% admit they do "little to no" research on what the changes mean. Similarly, four in five taxpayers said they were aware of the current administration's One Big Beautiful Bill Act, and 67% believe incoming tax law changes, such as the OBBBA, will personally affect them — 20% to a "significant or major" degree.