Compare the Difference
If you're a married couple earning $1,000,000 and have $1,000,000 in debt, you'd receive $1,000,000 per year with the new system instead of the $557,00 you net today.
Today
Salary $1,000,000
Income Taxes $333,468
FICA Tax $30,847
Healthcare $14,000
Debt Payments $64,410
Total $557,275
The New Operating System
Salary $1,000,000
Universal Basic Income $48,000
Payments Tax $1,886
Debt Payments $33,333
Total $1,012,781