Even assuming you live in a very high tax State like California, 50% marginal tax rate put you in, or close to the highest possible tax bracket. I live in a hig

Even assuming you live in a very high tax State like California, 50% marginal tax rate put you in, or close to the highest possible tax bracket. I live in a high tax state and earned above median income and my taxes (federal, state, medicare, and SS combined) was about 25% last year.