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Why are bonuses taxed so high?

I don't really understand. I only received 60% of my bonus after tax.withholding. I am definitely not in the top tax bracket so im kind of confused. How does this

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Old 03-15-2013, 08:32 AM   #1 (permalink)
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Default Why are bonuses taxed so high?

I don't really understand. I only received 60% of my bonus after tax.withholding. I am definitely not in the top tax bracket so im kind of confused. How does this work?
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