Summary
If you make $159,972 a year living in the region of New Brunswick, Canada, you will be taxed $59,267. That means that your net pay will be $100,705 per year, or $8,392 per month. Your average tax rate is 37.1% and your marginal tax rate is 47.0%. 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 $47.03, hence, your net pay will only increase by $52.97.
Bonus Example
A $1,000 bonus will generate an extra $530 of net incomes. A $5,000 bonus will generate an extra $2,649 of net incomes.