Single - $5MM $500K Debt

 

Compare the Difference

If you earn $5,000,000 and have $500,000 in debt, you'd receive $4,900,000 per year with the new system instead of the $2,900,000 you net today.

Today

Salary $5,000,000
Income Taxes $1,932,071
FICA Tax $124,847
Healthcare $7,000
Debt Payments $32,205

Total $2,903,877

The New Operating System

Salary $5,000,000
Universal Basic Income $24,000
Payments Tax $9,043
Debt Payments $16,667

Total $4,998,290