“One of the most positive assessments Gallup has measured since 1956.â€
Gallup says this year 48 percent of Americans consider the amount of federal income tax they pay as “about right,†3 percent say it is “too low,†and 46 percent say it is “too high.â€
Gallup concludes: “Americans’ views of their federal income taxes are about as positive as at any point in the last 60 years”
It’s not easy finding strong businesses in this economy. But today, the day before April 15th is a good time to discover a new report from BizEquity.com that shows at least one business with rising valuations: tax preparation.
Of a sample of 35,000 tax prep companies (all privately-held), there was a 9% growth in valuations – from $71,007 to $77,181. The top cities included: Columbus (33%), San Antonio (28%) and Chicago (20%).
Publicly-traded tax prep firms have not held up as well. H&R Block (NYSE: HRB) has gone from $21.18 to $15.16 over the past year. Still, Intuit (Nasdaq: INTU) has shares have fallen only 4%.