Single - $1MM $1MM Debt
Compare the Difference
If you earn $1,000,000 and have $1,000,000 in debt, you'd receive $988,000 per year with the new system instead of the $549,00 you net today.
Today
Salary $1,000,000
Income Taxes $348,071
FICA Tax $30,847
Healthcare $7,000
Debt Payments $64,410
Total $549,672
The New Operating System
Salary $1,000,000
Universal Basic Income $24,000
Payments Tax $1,843
Debt Payments $33,333
Total $988,824
