Skip to content

All of our locations will be closed on Monday, October 12, in observance of Columbus Day. Remember, you can bank anytime, anywhere with online and mobile banking.

Get Started 863-222-7005

Chart of the Day: Tax Share

Crews Bank & Trust Wealth Management Services Apr 18, 2023
total income tax shown in blue, total income in grey

Contents

Today’s Chart of the Day from the Wall Street Journal shows the share of taxes paid vs. the share of total income.  The $100,000-$500,000 range is pretty even, while those making more than $1 million, who only have a 15% share, pay nearly 40% of total taxes. 
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

Previous
Chart of the Day: When to Take Social Security
Next
Chart of the Day: 1.5 Days a Year

Subscribe to Our Blog

Sign up to receive email notifications of our blogs.