### Comment:
You pay 50% on some of your income, because we have a progressive tax system. You pay no taxes on the first chunk of your income up to poverty level, then you pay 16% or whatever up to 40k, then 25%, etc. Some people are stupid enough to think 50% tax means you only take home 50% of that 350k, which is false.

### REPLY:
Don’t stop at the ~19-26% of income that goes to federal taxes (single/married) at $350k. Add both sides of FICA, state income and sales tax, property tax, any capital gains tax, and all the miscellaneous taxes such as license fees, car registrations, city/local taxes, etc.  
  
 At $350k gross income, total taxes are typically going to be 40-50% depending on the state and other details.

### END.