Liberal Party

(2028 Philippine Presidential Election)

(Draft Bill)

₱250 an hour minimum wage (including gig work)

₱35,000 a month UBI per person under a ₱420,000 yearly income

20% consolidated flat tax over ₱120,000 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 importing

VAT tax registration over ₱120,000 a year

Sole trader registration over ₱120,000 a year

Estimated Revenue: ₱10 trillion a year (₱1 trillion surplus a year)