Single - $1MM $2MM Debt
Compare the Difference
If you earn $1,000,000 and have $2,000,000 in debt, you'd receive $955,000 per year with the new system instead of the $485,00 you net today.
Today
Salary $1,000,000
Income Taxes $348,071
FICA Tax $30,847
Healthcare $7,000
Debt Payments $128,820
Total $485,262
The New Operating System
Salary $1,000,000
Universal Basic Income $24,000
Payments Tax $1,843
Debt Payments $66,666
Total $955,491