Single - $300K, $500K Debt

 

Compare the Difference

If you earn $300,000 and have $500,000 in debt, you'd receive $306,000 per year with the new system instead of the $167,00 you net today.

Today

Salary $300,000
Income Taxes $32,205
FICA Tax $14,397
Healthcare $7,000
Debt Payments $32,205

Total $167,284

The New Operating System

Salary $300,000
Universal Basic Income $24,000
Payments Tax $583
Debt Payments $16,667

Total $306,750