Green Party

(2029 New Zealand General Election)

(Draft Bill)

New Zealand to join the EU

NZ$4000 monthly Universal Basic Income per citizen under a NZ$38,400 yearly income

Basic Income is based on the previous or projected 12 months

Basic Income for under age 16 is paid to legal guardians

Basic Income online registration only (based on inland revenue department number)

Basic Income is non-refundable and non-taxable

NZ$30 an hour minimum wage (including gig work)

Open border immigration is legalized

Naturalization fees are abolished

20% consolidated flat tax over NZ$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 NZ$12,000 a year

Sole trader registration over NZ$12,000 a year

Recreational drugs are decriminalized

Estimated Revenue: NZ$100 billion a year (NZ$10 billion surplus a year)