[reducesuffering]

While the overall isn't as high as 50%, at $200k, your marginal income tax rate is 42.75%, a sales tax rate of 10%, and a property tax rate of 1.25%.

So, after $185k, while you've probably already paid 7% ($14k prop) on your home, and probably another 1% (2k sales), leading to what could be considered 50.75% tax.

[adave]

Wow and you have an appreciating asset(not really) and are buying stuff. It's way lower if you have a corp/LLC and just expense stuff along with reloc and depretiation. That said having a job sucks anywhere as you are the tax base.