Portfolio managers may be called investment managers, wealth managers, asset managers or financial advisors, but a true portfolio manager position is focused on the analytical side of investing rather than the sales aspect. Job Description
The short answer is that the average American tax return resulted in a tax bill of $9,118. During the most recent year for which we have complete data (2014), there were about 148.6 million tax returns filed, resulting in approximately $1.355 trillion in tax liability, after applying credits.
Based on a 40-hour work week, this works out to $19,760 per year. In 2015 a single filer would pay 10 percent federal income tax on the first $9,075 and 15 percent on the remaining $10,685. In total these minimum wage workers would be taxed $2,510.25 before deductions.