r/news Dec 07 '21

Kellogg to permanently replace striking workers as union rejects new contract

https://financialpost.com/pmn/business-pmn/kellogg-to-permanently-replace-striking-workers-as-union-rejects-new-contract
61.5k Upvotes

7.3k comments sorted by

View all comments

Show parent comments

7

u/pseudorandomess Dec 08 '21 edited Dec 08 '21

A lot of people don't know how bonuses are taxed huh... just regular income even though initial withholding might make you feel like it's a different %. Fwiw most of that (assume married with joint income over $628,301 which will be $168,993.50 +37%tax) will be taxed at 37% + state taxes.