Overview of the Consolidated Flat Tax (with Double Taxation)

Freedom Act is fully costed by reducing/creating the VAT threshold to £12,000/$12,000 a year and a £20/$30 an hour minimum wage

All taxes are abolished under the Freedom Act except for a Consolidated Flat Tax, Corporate Tax, VAT, Import VAT

All other taxes, tax credits, duties, tariffs are abolished (including Council Tax, Business Rates, Car Tax)

Consolidated Flat Tax does not eliminate Capital Gains Tax and Dividend Tax

Consolidated Flat Tax does tax only income at a flat tax rate so it does eliminate Stamp Duty Tax, Inheritance Tax, Gift Tax

Consolidated Flat Tax does eliminate all tax allowances except for a Consolidated Flat Tax allowance

£12,000/$12,000 VAT threshold and a £20/$30 an hour minimum wage will cause medium inflation to 4%, medium inflation is good

Consolidated Flat Tax helps sole traders afford a higher minimum wage

If artists really want UBI they can tell their studio/publisher to hold their earnings in an untouched account for a 2.5% fee until they want to cash out

Their studio/publisher can still pay their artists a $3000 monthly or $35,000 yearly income combined (just to be on the safe side)

UBI amount is near the minimum wage of a 40 hour week after tax

UBI eligibility is yearly income equal to 80% of the UBI amount (as a function to allow people to get back into work)

Because 32 hours is strangely 80% of 40 hours and income tax is indirectly 80%, it means literally everyone would work a near 32 gross hour week and claim UBI

Because a 32 total hour week is so desirable

Also to stop 100% of citizens claiming UBI near a middle class level (x2 average rent) because no government could afford it if it's 100% of the budget

So it has to be near 80% of 32 hours primarily because 6.5 hours daily paid + 1.5 hour daily break is indirectly 8 hours x 4 days = 26 hour paid week

80% of $4000 equals to a 24.6 gross hour week so you can work a 24.6 hour week and still claim UBI as a function to allow people to get back into work