Not the poster but I’d assume that things add up between 37% top federal bracket, 13.3% top California bracket and 10%ish sales tax rate depending on where one

Not the poster but I’d assume that things add up between 37% top federal bracket, 13.3% top California bracket and 10%ish sales tax rate depending on where one lives in the state. Those are top rates, unclear whether “over 50%” refers to effective tax rate once all deductions are taken care of.