Compare the Difference
If you earn $25,000, you'd receive $55,000 per year with the new system instead of the $17,00 you net today.
Today
Salary $25,000
Income Taxes $1,738
FICA Tax $1,912
Healthcare $4,000
Total $17,350
The New Operating System
Salary $25,000
Universal Basic Income $24,000
Earned Income Credit $6,250
Payments Tax $99
Total $55,225