Compare the Difference
If you earn $50,000, you'd receive $73,000 per year with the new system instead of the $35,00 you net today.
Today
Salary $50,000
Income Taxes $5,690
FICA Tax $3,825
Healthcare $5,000
Total $35,485
The New Operating System
Salary $50,000
Universal Basic Income $24,000
Payments Tax $133
Total $73,960