At those income levels, taxes will eat up nearly 40% of your incremental income (30% federal, 10% state). Not to mention you’d also have to make up the tax on y

At those income levels, taxes will eat up nearly 40% of your incremental income (30% federal, 10% state). Not to mention you’d also have to make up the tax on your original 100k, which Texas doesn’t charge. On top of that, everything else is more expensive as well, especially anything based on labor, because people have to pay the rent: - food, especially eating out - car insurance - services such as car repair, dry cleaning, housekeeping