It's already 37% (for Federal). Add in another 14% for California and its over 50%. But even for simplicity sake, going to 40% would be far better and more pra

It's already 37% (for Federal). Add in another 14% for California and its over 50%. But even for simplicity sake, going to 40% would be far better and more practical than confiscating 5% of total assets and net worth.