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(Draft Bill)
Constitutional monarchy with a QR100 billion yearly sovereign grant
QR14,000 monthly Universal Basic Income per citizen under a QR140,000 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
QR100 an hour minimum wage
20% consolidated flat tax over QR48,000 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 QR48,000 a year
Sole trader registration over QR48,000 a year
Estimated Revenue: QR1 trillion a year (QR100 billion surplus a year)