Summary
If you make $16,020,160 a year living in the region of New York, USA, you will be taxed $7,446,381. That means that your net pay will be $8,573,779 per year, or $714,482 per month. Your average tax rate is 46.5% and your marginal tax rate is 46.7%. 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 $46.70, hence, your net pay will only increase by $53.30.
Bonus Example
A $1,000 bonus will generate an extra $533 of net incomes. A $5,000 bonus will generate an extra $2,665 of net incomes.