Linyon Demokratik Seselwa

(2030 Seychellois Presidential Election)

(Draft Bill)

R14,000 monthly Basic Income per citizen under a R168,000 yearly income

R100 an hour minimum wage for all ages (including gig work)

20% consolidated flat tax over R48,000 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 R48,000 a year

Sole trader registration over R48,000 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 2028

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