@Cruiser Clearly I don’t know anything about your personal finances, but I can still say with absolute certainty that you do not pay two-thirds of your income in taxes.
Let’s run through the numbers to see why. Imagine a single person who makes $410,000. Let’s call him Bob. Bob lives in Oregon, the state with the highest top marginal income tax rate in the country. But Bob does all his shopping in California, the state with the highest sales tax rate in the country. Basically, Bob is subject to the highest cumulative tax rates of anyone in the whole country. And what does Bob pay in taxes?
Well, first let’s assume that Bob is stupid and only takes the standard deduction (with his income, he almost certainly would itemize and get many more deductions). That makes his federal taxable income about $400,000. That taxable income puts Bob in the top income tax bracket (35%). But of course, he doesn’t actually pay 35%, because that’s a marginal rate, not an effective rate. He actually pays a little under $118,000 in federal income taxes (that’s about 29% of his total income). But Bob also pays payroll taxes (1.45% on all payroll income, and 6.2% on payroll income up to $106,000), so that brings his total federal bill to about $131,000 (32% of total income).
Now on to the state taxes. In Oregon, the top rate is 11% (but again, it’s a marginal rate, not an effective rate), so Bob pays about $41,000 in state income tax. So far, his total tax bill is about $170,000 and 42% of his total income.
Finally, let’s assume that Bob spends every penny of his net income (after all these taxes are paid) on taxable goods in California. Since CA has a 7.25% sales tax rate, that puts Bob’s sales tax bill at around $17,000.
All together, adding up federal and state income taxes, sales taxes, and payroll taxes, Bob pays $189,000 in taxes, for a total effective tax rate of 46%. That’s nowhere close to the 66% that @Cruiser claimed, and remember I’ve made some absolutely unrealistic assumptions (like having Bob live in Oregon but spend all his money in California, or having him take no additional deductions or credits beyond the standard one).
The bottom line is that there is simply no possible way that @Cruiser spends 66% of his income on taxes. If you do, you need to find a new accountant!