National People's Power
(2030 Sri Lankan Parliamentary Election)
(Draft Bill)
R140,000 monthly Basic Income per citizen under a R1,680,000 yearly income
R1000 an hour minimum wage
20% consolidated flat tax over R480,000 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 R480,000 a year
Sole trader registration over R480,000 a year
Recreational drugs are decriminalized
Estimated Revenue: R18 trillion a year (R1 trillion surplus a year)