Married - $500K, $1MM Debt

 

Compare the Difference

If you're a married couple earning $500,000 and have $1,000,000 in debt, you'd receive $513,000 per year with the new system instead of the $267,00 you net today.

Today

Salary $500,000
Income Taxes $135,469
FICA Tax $19,097
Healthcare $14,000
Debt Payments $64,410

Total $267,024

The New Operating System

Salary $500,000
Universal Basic Income $48,000
Payments Tax $986
Debt Payments $33,333

Total $513,681