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100 years of the income tax

Posted by | April 15, 2014 | indexed life insurance | No Comments

It is tax day! Here are some key takeaways from the graphic below:

  • The gold bar is the tax rate paid by average Americans. The blue bar by the average CEO.
  • There has been much more fluctuation on what high income earners pay vs. the average American.
  • In 1980 income over $80,000 was taxed at 50%!
  • What’s in store for the next 100 years?

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About Denver Nowicz

Denver Nowicz is an independent financial services professional. He is the founder of Equity4Profit and Wealth For Life Financial Solutions. Over the last 12 years, Denver has successfully developed and implemented comprehensive wealth building retirement plans for individuals and businesses of all sizes. For over seven years he has hosted the “Get Wealthy Arizona” radio show featured throughout Arizona.

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