39.6% is the top federal income tax bracket. There are also state income taxes (...

		greenyoda on Aug 2, 2015 \| parent \| context \| favorite \| on: Living in Switzerland ruined me for America and it... 39.6% is the top federal income tax bracket. There are also state income taxes (in most states), local income taxes in a few places (e.g., NYC), payroll tax (social security, etc.), real estate taxes and sales taxes. Add up all the taxes and you can easily reach 45%.

exactly. 45% is actually pretty near the maximum :/