Jeremy Horpedahl: Many Americans overwithhold taxes from paychecks

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27.05.2026

Jeremy Horpedahl: Many Americans overwithhold taxes from paychecks — Americans overwithhold taxes from pay

Jeremy Horpedahl observes that a significant number of Americans are withholding too much in taxes from their paychecks. He attributes this to the limited control most individuals have over the withholding process, suggesting that it is not typically their fault.

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Horpedahl has previously commented on local tax changes, noting that a proposed data center in Little Rock could raise property taxes by 5,000 times current levels. He also analyzed a chart showing a modest drop in top 1 percent tax rates since the mid-1940s. His recent observations focus on individual challenges with tax withholding.

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