Linyon Demokratik Seselwa

(2030 Seychellois Presidential Election)

(Draft Bill)

R14,000 monthly Universal Basic Income per citizen under a R134,400 yearly income

R100 an hour minimum wage (including gig work)

20% consolidated flat tax over R48,000 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 R48,000 a year

Sole trader registration over R48,000 a year

Capital gains to be tax liable

Gambling houses to be tax liable

Gambling winnings to be tax free

Foreign passive income to remain tax free

Initiate a quad yearly 2028 African Parliament election

Initiate the creation of an African Union Customs Union

Initiate the African Union flag to be a green version of the European flag

Estimated Revenue: R18 billion a year (R1 billion surplus a year)