Linyon Demokratik Seselwa

(2030 Seychellois Presidential Election)

(Draft Bill)

R24,500 a month UBI per citizen under a R294,000 yearly individual income

R175 an hour minimum wage for all ages (including gig work)

20% consolidated flat tax over R84,000 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 R84,000 a year

Sole trader registration over R84,000 a year

Capital gains to be tax liable

Gambling houses to be tax free

Gambling winnings to be tax free

Foreign passive income to remain tax free

Initiate the African Union flag to be a green version of the European Union flag

Initiate the creation of an African Union Customs Union and African Parliament elections beginning in 2036

Estimated Revenue: R18 billion a year (R1 billion surplus a year)