[DCWGaming]

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incorrect. You would need to make a lot less because you're not giving 30%+ of your income away in federal/sate/local taxes. Further, you're not spending as much on Gas, dry cleaning, etc. So to net it all out, increase your tax free income by 40%, subtract out what health insurance is going to cost you and do the comparison.

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All this + wirteoffs are your friend. Write off your cable internet because thats where you play poker. You could probably get away with cable TV, any poker-related gas mileage, new computers/monitors/software, etc etc. All sorts of options are available to you when you're your own boss.