<prompt> Human: I feel bummed out after grossing 2300 and bringing home only 1700... someone please explain how it works. Thanks.  <response>: See here for the marginal rates in Ontario:Every paycheque lets say 2 weeks, you use it to estimate the amount you make per year, and your employer holds that back for you. If you gross 2300, that means about 60 000 per year. Lets do the math for the 3 tax brackets you are in:The first 40120 is taxed at 20.05, costing 8044.06The next 40120 is taxed at 24.15, costing 925.6695The last 40120 is taxed at 31.15, costing 4998.6405On average, 23.28 tax is levied on someone making 60 000. So, thats about 535 of tax, which is why take home about 1700.At the end of the year, if you didnt actually make 60000, the government may take more or return some, as required. 