Syria

(2028 Syrian Presidential Election)

(Draft Bill)

SP1,400,000 monthly Universal Basic Income per citizen under a SP14,000,000 yearly income

Universal Basic Income is based on the previous or projected 12 months

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

Universal Basic Income is non-refundable and non-taxable

SP10,000 an hour minimum wage (including gig work)

20% consolidated flat tax over SP4,800,000 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 SP4,800,000 a year

Sole trader registration over SP4,800,000 a year

Syrian presidential/assembly elections merged

Syrian Assembly of 15 directly elected seats

4 year fixed term Syrian presidential elections beginning in 2028

Syrian presidential elections to be decided by the popular vote and first-past-the-post voting

Syrian Assembly coalition greater than 50% votes overrides the highest overall party percentage

Estimated Revenue: SP250 trillion a year (SP10 trillion surplus a year)