Compare the Difference
If you earn $100,000 and have $250,000 in debt, you'd receive $115,000 per year with the new system instead of the $51,00 you net today.
Today
Salary $100,000
Income Taxes $18,190
FICA Tax $7,650
Healthcare $7,000
Debt Payments $16,102
Total $51,058
The New Operating System
Salary $100,000
Universal Basic Income $24,000
Payments Tax $223
Debt Payments $8,333
Total $115,567
