<prompt> Human: Throw away for obvious reasons...So it looks like this question has been asked quite a few times, but I feel like my situation may be slightly different.The facts: Last year I made 115k. I filed as married filing single My wife made 108k and filed the same way We ended up paying roughly 39 of our 223k income in taxes. This includes federal taxes and programs as well as state income tax OregonThis year we both received minimal raises. Shell be making around 111k while Ill be making closer to 140k. That would put us at the dreaded 250k house hold income range. When preparing for the massive tax burden what would PF suggest putting away? We both work for reputable companies and assume theyre doing their part tax wise, however last year we received no tax refund and ended up having to pay an additional 890. All in we paid roughly 87k in taxes last year, and that seems incredibly high.This scares me going into tax season for 2017 as our HHI will be in a higher bracket. How can I prepare for this? What amount should I prepare? Is there anything legally I can do to reduce our burden?Any help is greatly appreciated.  <response>: The US uses marginal tax brackets. Youll only pay the 250k tax on every dollar after 250k. 