United National Congress
(2030 Trinidad and Tobago General Election)
(Draft Bill)
TT$7000 monthly Universal Basic Income per citizen under a TT$67,200 yearly income
Universal Basic Income for under age 16 is paid to legal guardians
BR50 an hour minimum wage (including gig work)
20% consolidated flat tax over TT$24,000 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 TT$24,000 a year
Sole trader registration over TT$24,000 a year
Recreational drugs are decriminalized
Estimated Revenue: TT$250 billion a year (TT$10 billion surplus a year)