National People's Power

(2030 Sri Lankan Parliamentary Election)

(Draft Bill)

LKR140,000 monthly Universal Basic Income per citizen under a LKR1,400,000 yearly income

Universal Basic Income for under age 16 is paid to legal guardians

LKR1000 an hour minimum wage

20% consolidated flat tax over LKR480,000 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 LKR480,000 a year

Sole trader registration over LKR480,000 a year

Recreational drugs are decriminalized

Estimated Revenue: LKR18 trillion a year (LKR1 trillion surplus a year)