National People's Power

(2030 Sri Lankan Parliamentary Election)

(Draft Bill)

₨150,000 a month minimum wage

₨120,000 a month UBI per person under a ₨1,440,000 yearly income

20% consolidated flat tax over ₨600,000 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 ₨600,000 a year

Sole trader registration over ₨600,000 a year

Estimated Revenue: ₨18 trillion a year (₨1 trillion surplus a year)