Linyon Demokratik Seselwa
(2030 Seychellois Presidential Election)
(Draft Bill)
R175 an hour minimum wage for all ages (including gig work)
R24,500 a month UBI per citizen under a R294,000 yearly individual income
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)