Summary
If you make $299,950 a year living in the region of Manitoba, Canada, you will be taxed $128,335. That means that your net pay will be $171,615 per year, or $14,301 per month. Your average tax rate is 42.8% and your marginal tax rate is 50.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $49.97, hence, your net pay will only increase by $50.03.
Bonus Example
A $1,000 bonus will generate an extra $500 of net incomes. A $5,000 bonus will generate an extra $2,502 of net incomes.