Summary
If you make $149,976 a year living in the region of Prince Edward Island, Canada, you will be taxed $56,677. That means that your net pay will be $93,299 per year, or $7,775 per month. Your average tax rate is 37.8% and your marginal tax rate is 45.4%. 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 $45.37, hence, your net pay will only increase by $54.63.
Bonus Example
A $1,000 bonus will generate an extra $546 of net incomes. A $5,000 bonus will generate an extra $2,732 of net incomes.