Time to Grow Up, Kiddies! 25% of Gen Z Says They'll Need Therapy to Deal with Stress of Filing Taxes

Nick Kangadis | April 2, 2024
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What a bunch of pansies! Gen Z’ers know life gets a lot harder than putting numbers down on a piece of paper or online form that correspond with boxes that tell you which numbers to put where, right? When you’re young, unless you have a portfolio, which most young people don’t, filing your taxes is one of the easiest things to do.

I guess Gen Z didn’t get the memo.

According to survey done by Cash App Taxes, and reported on by CNBC, an astonishing — but not all that surprising — “1 in 4 Gen Z taxpayers said they’ll need a therapist to deal with the stress of tax-filing season.”

No, that’s not a joke. Twenty-five percent said they’re going to need therapy to deal with tax stress.

Related: 'I'm Not Made For This': Gen Zer Breaks Down Sobbing Over 40-Hour Work Week

However, CNBC spoke with managing director of tax at Fiduciary Trust International Richard Pianoforte, and he brought up a very good point.

“I don’t think they’re prepared for it,” Pianoforte said, “school doesn’t prepare them for it, and it’s totally understandable.”

When you look at it like that, Pianoforte’s take makes his surprise that the number isn’t higher comprehendible.

High schools and colleges used to prepare young people for the real world — well, way more than they do now at what have essentially become indoctrination centers. School administrators, teachers and professors seem more worried about creating activists than viable contributors to our society.

Listen, I can't stand the IRS or the practice of theft through involuntary confiscation of income, but at some point, young people have to grow up. And Gen Z is at the point where the training wheels need to be taken off, and they have to learn how to deal with everyday life without needing a prescription from a psychiatrist.

 

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