No, bonuses are taxed at the same rate as salary. The withholding calculations are different, so you tend to have a bigger chunk taken out of your bonus check.

No, bonuses are taxed at the same rate as salary. The withholding calculations are different, so you tend to have a bigger chunk taken out of your bonus check. But if that chunk is greater than your actual tax rate, you'll get the difference back in your tax refund.