Summary
If you make $299,988 a year living in the region of New Brunswick, Canada, you will be taxed $131,272. That means that your net pay will be $168,716 per year, or $14,060 per month. Your average tax rate is 43.8% and your marginal tax rate is 53.2%. 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 $53.19, hence, your net pay will only increase by $46.81.
Bonus Example
A $1,000 bonus will generate an extra $468 of net incomes. A $5,000 bonus will generate an extra $2,341 of net incomes.