Summary
If you make $20,750,004 a year living in the region of West Virginia, USA, you will be taxed $9,478,229. That means that your net pay will be $11,271,775 per year, or $939,315 per month. Your average tax rate is 45.7% and your marginal tax rate is 45.9%. 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 $45.85, hence, your net pay will only increase by $54.15.
Bonus Example
A $1,000 bonus will generate an extra $542 of net incomes. A $5,000 bonus will generate an extra $2,708 of net incomes.