Here is the response I received from my friend over at Ryan Air. It looks like it would be hard for a pilot to make over 200k USD regularly. I also am glad I don't work for O'Leary, not to say some of the perks of the airline aren't there...que up more calender pics

At Ryanair we have absolutely no perks what so ever, except free jump seating. That means no retirement, no insurance (covered in europe by the governments anyway), etc etc. Even when going for the simulator every 6 months, we have to pay for the hotels ourselves. Ryanair say that they pay more then other airlines so they don't have to hire anybody to deal with these things. In reality, pay has decreased every year since I got here. In other words, Ryanair does not reward experience, but only money is on the table. People have accepted this previously, because there have been continued fast growth here which means an upgrade is possible in the 737-800 very quickly, and that is of course more pay then as an FO. We have no pay scales that adjust to years of service. Instead the pay varies according to where you are based. Mr O'leary who is running the show, has had a policy to decrease pay and conditions (days off, paid hotels etc) for every new base opened. We now have close to 50 bases I think, all over Europe. As we have been unsuccessful in convincing everybody that a union is a good thing, this is how it is being on ones own.
It is not so bad working here as the people are great, the flying is fun, professional, and quite challenging at times, and the cabin crew is young, fun and good looking (sometimes not), but looking at our working contract - it is horrible. Currently people are leaving here at the rate of about 30 pilots a month.
As for the money, last year I made about €110.000 ($154,275) gross as a captain here in the 737-800 for almost 4 years.
The taxes are low in Ireland, and it is easy to deduct taxes when not being based there (Im based in Norway), so the tax rate for me is only about 10%..
If you have any more questions, let me know, and good luck with the negotiations!