Green Party

(2029 South African General Election)

(Draft Bill)

R14,000 monthly Basic Income per citizen under a R168,000 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

Estimated Revenue: R5 trillion a year (R100 billion surplus a year)