As Albany residents heave a sigh of relief that Tax Day has come and gone, they may be interested to know that a new study indicates that there is an increase in car accidents on Tax Day. With the increase in electronic filing, many people in New York may think that automobile accidents would decrease, but the stress of electronic filing may not reduce the number of traffic deaths.
Over the past 30 years, there have been 6,783 motor vehicle accident fatalities on Tax Day. This comes to roughly 226 fatalities per Tax Day, higher than the 213 deaths per day only one week before and one week after the filing deadline. Although Tax Day deaths are, on average, 6 percent higher than any other day in April, this comes to approximately $40 million in yearly losses.
Some believe that the cause of increased Tax Day traffic fatalities has to do with drivers rushing to get to the post office and traveling on unfamiliar roads. There is evidence that drivers are safest on the roads they most frequently travel, but traveling to less-familiar locations can increase the likelihood of an accident.
There is, however, some thought that it may be the stress of filing taxes and waiting until the last minute to do so that causes the increase in accidents. The advent of electronic filing has yet to decrease the number of traffic deaths on Tax Day and one of the lead authors believes that the stresses of the American tax code may be to blame.
As Tax Day has come and gone, it may have brought more than just the irritation of having to pay more money in taxes; it may have brought the heartbreak of losing a loved one. For anyone in Albany who has lost a family member in an automobile accident, it is important to work with a car crash attorney to seek compensation for his or her loss.
Source: The Huffington Post, "Deadly Car Crashes Spike By 6 Percent On Tax Day: Study," Lindsey Tanner, April 10, 2012