One of many. But I think my main point was that a lot of deductions disappear once your AGI reaches a point where people feel that you don't need the benefit o

One of many. But I think my main point was that a lot of deductions disappear once your AGI reaches a point where people feel that you don't need the benefit of that deduction. With Pease Itemized Deduction phaseouts, the effective tax rate for high wage earners goes up independent of their marginal tax rate because more of their income is taxed at those rates.