National League for Democracy

(Myanmar)

(Draft Bill)

K700,000 a month UBI per citizen under a K8,400,000 yearly individual income

K5000 an hour minimum wage (including gig work)

20% consolidated flat tax over K2,400,000 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 K2,400,000 a year

Sole trader registration over K2,400,000 a year

Estimated Revenue: K250 trillion a year (K10 trillion surplus a year)