Single - $200K, $500K Debt

 

Compare the Difference

If you earn $200,000 and have $500,000 in debt, you'd receive $120,000 per year with the new system instead of the $61,00 you net today.

Today

Salary $200,000
Income Taxes $46,139
FICA Tax $10,247
Healthcare $7,000
Debt Payments $32,205

Total $104,409

The New Operating System

Salary $200,000
Universal Basic Income $24,000
Payments Tax $403
Debt Payments $16,667

Total $206,930