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If it puts you into another tax bracket, you may want to think about less pay.
But if I were you and seriously were considering taking the pay cut, I would negotiate something with the potential new employer. Maybe a performance bonus(or better one), extra holiday time, maybe getting to work at home a couple of days a week.
If the new employer wants you bad enough, they will negotiate concessions. If not, stick with the old job and learn some stress management techniques.
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