National Democratic Congress

(2027 Grenadian General Election)

(Draft Bill)

EC$3500 monthly Basic Income per citizen under a EC$31,500 yearly income

EC$25 an hour minimum wage (including gig work)

20% consolidated flat tax over EC$12,000 a year (with double taxation)

20% corporate tax on profits

20% value added tax tax on each stage of sale (paid quarterly)

20% value added tax on imports

VAT tax registration over EC$12,000 a year

Sole trader registration over EC$12,000 a year

Recreational drugs are decriminalized

Estimated Revenue: EC$2.5 billion a year (EC$100 million surplus a year)