Summary
If you make $159,926 a year living in the region of New Brunswick, Canada, you will be taxed $59,247. That means that your net pay will be $100,679 per year, or $8,390 per month. Your average tax rate is 37.1% and your marginal tax rate is 45.8%. 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 $45.83, hence, your net pay will only increase by $54.17.
Bonus Example
A $1,000 bonus will generate an extra $542 of net incomes. A $5,000 bonus will generate an extra $2,709 of net incomes.