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It’s a completely different picture for middle-class Americans, for example, wage earners in their early 40s who have amassed a typical amount of wealth for people their age. From 2014 to 2018, such households saw their net worth expand by about $65,000 after taxes on average, mostly due to the rise in value of their homes. But because the vast bulk of their earnings were salaries, their tax bills were almost as much, nearly $62,000, over that five-year period.
"Over the past few weeks, following Texas' UIL informing me I would be prohibited from profiting off of my own name, image and likeness, I've taken time to think about what lies ahead of me, both in the short- and long-term," Ewers wrote on Twitter. "It's unfortunate I've found myself in this situation, as my preference would have been to complete my senior season at Southlake Carroll along with the teammates and friends I've taken the field alongside for the past three years. However, following conversations with my family and those I know have my best interests in mind, I've decided it's time for me to enroll at Ohio State and begin my career as a Buckeye."
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