Summary
If you make $20,700,160 a year living in the region of New York, USA, you will be taxed $9,631,941. That means that your net pay will be $11,068,219 per year, or $922,352 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.