Summary
If you make $159,978 a year living in the region of New Brunswick, Canada, you will be taxed $59,270. That means that your net pay will be $100,708 per year, or $8,392 per month. Your average tax rate is 37.1% and your marginal tax rate is 47.2%. 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 $47.18, hence, your net pay will only increase by $52.82.
Bonus Example
A $1,000 bonus will generate an extra $528 of net incomes. A $5,000 bonus will generate an extra $2,641 of net incomes.