The majority of US physicians feel overtaxed

Three-fourths of physicians feel as though they are currently being overtaxed, according to Medscape’s 2023 “Physicians and Taxes”report, which surveyed over 1,200 physicians across 29 specialties. 

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Only about 25 percent believe they are not being overtaxed, compared to the 75 percent who believe they are. Currently, the average physician pays about $83,620 in federal taxes annually, and an additional $12,952 in state taxes. 

Last year, in a survey of all Americans across all income levels and political beliefs, about 45 percent believed they pay too much in taxes, while 47 percent believe they pay a fair amount. 

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