Doing the math would make for a more complete article and help explain the consequences of this proposal in relatable terms:

With dividends estimated at $1100, a single person making more than $48,000 loses their PFD (fed tax =$7771.25, 15% of that = $1165) and also has to write a check to the State.

At the median household income (2014- $69,825), you'll owe the State $1500.  Assuming there at least two PFD recipients in the household, you should still come out about $600 ahead.