Compare the Difference
If you earn $500,000, you'd receive $523,000 per year with the new system instead of the $323,00 you net today.
Today
Salary $500,000
Income Taxes $150,071
FICA Tax $19,097
Healthcare $7,000
Total $323,832
The New Operating System
Salary $500,000
Universal Basic Income $24,000
Payments Tax $943
Total $523,057