Green Party

(2030 Lebanese General Election)

(Draft Bill)

LL35,000,000 monthly Universal Basic Income per person under a LL350,000,000 yearly income

Universal Basic Income is based on the previous or projected 12 months

Universal Basic Income for under age 16 is paid to legal guardians

Universal Basic Income is non-refundable and non-taxable

LL250,000 an hour minimum wage (including gig work)

20% consolidated flat tax over LL120,000,000 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 LL120,000,000 a year

Sole trader registration over LL120,000,000 a year

Recreational drugs are decriminalized

Estimated Revenue: LL1 quadrillion a year (LL100 trillion surplus a year)