Single - $500K, $250K Debt

 

Compare the Difference

If you earn $500,000 and have $250,000 in debt, you'd receive $514,000 per year with the new system instead of the $307,00 you net today.

Today

Salary $500,000
Income Taxes $150,071
FICA Tax $19,097
Healthcare $7,000
Debt Payments $16,102

Total $307,730

The New Operating System

Salary $500,000
Universal Basic Income $24,000
Payments Tax $943
Debt Payments $8,333

Total $514,724