Coalition for Democratic Change

(2029 Liberian General Election)

(Draft Bill)

L$35,000 monthly Basic Income per citizen under a L$420,000 yearly income

L$250 an hour minimum wage (including gig work)

20% consolidated flat tax over L$120,000 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 L$120,000 a year

Sole trader registration over L$120,000 a year

Recreational drugs are decriminalized

Estimated Revenue: L$1 trillion a year (L$100 billion surplus a year)