Single - $500K, $500K Debt

 

Compare the Difference

If you earn $500,000 and have $500,000 in debt, you'd receive $506,000 per year with the new system instead of the $291,00 you net today.

Today

Salary $500,000
Income Taxes $150,071
FICA Tax $19,097
Healthcare $7,000
Debt Payments $32,205

Total $291,627

The New Operating System

Salary $500,000
Universal Basic Income $24,000
Payments Tax $943
Debt Payments $16,667

Total $506,390