Single - $1MM, No Debt

 

Compare the Difference

If you earn $1,000,000, you'd receive $1,000,000 per year with the new system instead of the $614,00 you net today.

Today

Salary $1,000,000
Income Taxes $348,071
FICA Tax $30,847
Healthcare $7,000

Total $614,082

The New Operating System

Salary $1,000,000
Universal Basic Income $24,000
Payments Tax $1,843

Total $1,022,157