Compare the Difference
If you earn $50,000 and have $100,000 in debt, you'd receive $70,000 per year with the new system instead of the $29,00 you net today.
Today
Salary $50,000
Income Taxes $5,690
FICA Tax $3,825
Healthcare $5,000
Debt Payments $6,441
Total $29,044
The New Operating System
Salary $50,000
Universal Basic Income $24,000
Payments Tax $133
Debt Payments $3,333
Total $70,627