What you are neglecting to point out is that the US Federal government already taxes many people's incomes at 39.6%. Throw in the 9.4% Alaskan Corporate Tax and Property Taxes, and now I'm taking in LESS THAN HALF of what I make. How is that fair? I worked 2 jobs, didn't go on vacations, didn't have a girlfriend or wife, starved myself and went into debt to get a Masters Degree, now I'm supposed to pay over 50% of my earnings in taxes for those who tried less? How is that even close to fair?