Tayo

(2026 Somali Presidential Election)

(Draft Bill)

SH75,000 monthly Basic Income per citizen under a SH630,000 yearly income

SH500 an hour minimum wage (including gig work)

20% consolidated flat tax over SH240,000 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 SH240,000 a year

Sole trader registration over SH240,000 a year

Recreational drugs are decriminalized

Estimated Revenue: SH5 trillion a year (SH100 trillion surplus a year)