National People's Power

(2030 Sri Lankan Parliamentary Election)

(Draft Bill)

₨140,000 monthly Basic Income per citizen under a ₨1,680,000 yearly income

₨1000 an hour minimum wage

20% consolidated flat tax over ₨480,000 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 ₨480,000 a year

Sole trader registration over ₨480,000 a year

Estimated Revenue: ₨18 trillion a year (₨1 trillion surplus a year)