Compare the Difference
If you earn $5,000,000 and have $1,000,000 in debt, you'd receive $4,900,000 per year with the new system instead of the $2,800,000 you net today.
Today
Salary $5,000,000
Income Taxes $1,932,071
FICA Tax $124,847
Healthcare $7,000
Debt Payments $64,410
Total $2,871,672
The New Operating System
Salary $5,000,000
Universal Basic Income $24,000
Payments Tax $9,043
Debt Payments $33,333
Total $4,981,624
