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