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