You forgot 1) fica taxes, including the 2.9% bit that goes on forever, and 2) the phase out of itemized deductions. Anyway, after opening up my 2008 return on turbo tax, I see that I paid 31% of my adjusted gross income in federal taxes, so if you triple that, the total take would be 93% of AGI. For 2009 the percentage will be higher.
Well, 93% would be a pleasing top rate, but certainly not reasonable as an overall percentage.
Its funny you pay such high rates though - you must have an truly enormous income. As and old lady I used to know used to say when we talked about capital gains tax rates - 'you should be so lucky'.
My income is not out of line for a small firm lawyer in a high cost zone in California, who is in his peak earning years, and considered a very competent lawyer, and I guess I have "fooled" enough clients into believing that. Well actually, starting this year, I have been cutting my practice back to about half time, so my peak years are essentially over. I will be effectively Obama proof, at least until he goes after the more prosperous half of the middle class (as opposed to the top end of the upper middle class and the rich) with higher taxes, which may be inevitable perhaps. Timing is everything I guess. 
So, what's your fix? How will the party you support balance the budget with no tax increases (and even further tax cuts) and no cuts to social security, medicare, or defense?
You'd essentially have to gut the entire budget except those items. I guess that magic libertarian fairy dust would build our roads and poverty and poor people would magically disappear!
