Compare the Difference
If you're a married couple earning $5,000,000 and have $500,000 in debt, you'd receive $5,000,000 per year with the new system instead of the $2,900,000 you net today.
Today
Salary $5,000,000
Income Taxes $1,917,469
FICA Tax $124,847
Healthcare $14,000
Debt Payments $32,205
Total $2,911,479
The New Operating System
Salary $5,000,000
Universal Basic Income $48,000
Payments Tax $9,086
Debt Payments $16,667
Total $5,022,247