Yemen

(Draft Bill)

YR35,000 monthly Universal Basic Income per citizen under a YR336,000 yearly income

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

YR250 an hour minimum wage (including gig work)

20% consolidated flat tax over YR120,000 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 YR120,000 a year

Sole trader registration over YR120,000 a year

Recreational drugs are decriminalized

Estimated Revenue: YR5 trillion a year (YR100 billion surplus a year)