giants of the era

Chapter 146 Don't pay taxes to the US government!

Chapter 146 Don't pay taxes to the US government!
In fact, not only Sony is taking action, many businessmen are just around the corner.

Even some giant record chain stores, such as HMV and Taoer record chains, have chosen to enter the movie video market.

Netflix will face many competitors, and it may not be easy to become an industry giant.

By mid-December, Netflix could clearly feel the pressure from other competitors.

……

This evening, the moon was bright and the stars were scarce, there was no wind, and the villa was extraordinarily quiet.

Li Zetian was sitting on a red couch in the living room watching TV with Yu Jingqiu. Suddenly he thought of something and said, "Oh, I actually forgot one thing!!!"

"Honey, what's wrong with you?" Yu Jingqiu asked Li Zetian, blinking her big eyes.

"It's December now!"

"December?" Yu Jingqiu asked suspiciously, "What's wrong with December?"

Li Zetian smiled, put his arms around Yu Jingqiu, and said, "After December, both our husband and wife and the company have to file taxes. We have made a lot of money this year. If we file taxes, it will be a fortune." Not a small amount!"

"Well, yes, just our husband and wife filing taxes, at least hundreds of millions of dollars..."

Li Zetian said with a wry smile: "Yes, there are a lot! Taxes in the United States are very high. The more money you earn, the higher the tax rate. In our case, the tax rate has directly reached the highest marginal tax rate of individual tax - 50%." Pause Dun, he shook his head and said, "I don't want to pay so much tax to the US government!!!"

"Well, instead of paying taxes to the U.S. government, it's better to use the money for charity, or set up a trust company and put the money in the trust company, so that you can pay less or even no tax!" Yu Jingqiu thought Think, say.

"Yes, that's exactly what I'm thinking about!" Li Zetian nodded and said, "Didn't we already set up the LY Foundation? We donated money to the LY Foundation, and then went to charity and engaged in public welfare undertakings! "("Li Zetian and Yu Jingqiu Charity Foundation" takes the initials of their names, referred to as LY Foundation)
"Husband, what are you going to do?"

Li Zetian pondered for a moment and said, "I want to spend the money mainly on education! It is better to teach a man to fish than to give him a fish. Only after receiving an education will it be easier to find a job!"

Yu Jingqiu nodded with a smile and said, "I totally agree with this point!"

"Then we will recruit employees for the LY Foundation tomorrow, and then build schools all over the world! Also," Li Zetian said, pausing for a while, and then said, "I also want to build an orphanage..."

After saying this, Li Zetian's mind suddenly flooded with thousands of thoughts. He suddenly remembered his life as an orphan in his previous life. Those scenes seemed to happen yesterday.

"I hope to provide a warm haven for those young and helpless orphans," Li Zetian's voice was choked with a little bit of sobs.

Yu Jingqiu was very surprised. She didn't expect that Li Zetian's affection for the orphan was so deep. At this moment, he seemed to be a different person, like a trembling orphan hiding in a corner, so pitiful and weak, in need of help care.At this time, Yu Jingqiu couldn't help but hugged Li Zetian actively, put her cheek against her cheek, and said very gently: "My dear, listen to you, we are going to build orphanages, many orphanages all over the world, and then provide the orphanages for those orphans. Let them go to school until they grow up and become useful in society!"

Li Zetian nodded, leaning against Jingqiu's warm arms...

The next day, Li Zetian regained his former vigor and spirit, and he decided to fight hard.Invest in the establishment of orphanages around the world, and then build schools for these orphans to go to school.When the orphans grow up and become talents, they will definitely repay themselves and take it for their own use!
Money to the US government?There are no doors! ! !
Therefore, for the next period of time, Li Zetian and Yu Jingqiu have been busy improving the LY Foundation and recruiting more talents to join.Yu Jingqiu serves as the chairman of the foundation and is responsible for the entire operation of the foundation.

Li Zetian and Yu Jingqiu decided to donate part of their personal assets to the LY Foundation.At the same time, Li Zetian also intends to make all the profitable companies under his name donate to the LY Foundation, so as to achieve the dual purpose of tax reduction and charity.

This year, Li Zetian really made a lot of money.

When the annual financial statement came out, he was a little surprised himself.

Let’s talk about Apple first. This year, due to the release of the Walkman, Apple’s revenue has increased significantly, and its revenue has exceeded 10 billion US dollars.

Microsoft's performance has also increased significantly, with revenue exceeding US$3 million.

Sunbird's Game-Watch, home game consoles, and arcade machines are booming, with an annual revenue of as much as $6.5 million.

Due to the popularity of "Star Wars", the box office plus peripheral products, the Star Wars film company earned 4.5 million US dollars this year.

Although Netflix was founded recently, its revenue has exceeded 3.6 million US dollars.

Panda Express has expanded to 50 stores this year, and its revenue has exceeded US$4 million. However, the profit of the fast food industry is slightly lower, but the cash flow is a lot.

Li Zetian invested in Berkshire Hathaway, and the stock value increased by 6000 million US dollars.

These are the main income, and the rest are companies that are not making much money for the time being, such as Intel (processor) company, Seagate company, Jingqiu fashion investment company, Chinese Wuguan and so on.Li Zetian invested 1000 million U.S. dollars in Chinese martial arts, holding 49% of the shares, and Bruce Lee holds 51% of the shares. Currently, a total of 10 martial arts gyms have been opened.

Of course, Li Zetian's main energy will still be on the computer, software and game industries. Other industries are just investments, and he doesn't usually manage them. Using a little memory from his previous life at critical moments is enough to make these companies take off.For example, investing in movies, as long as you know which movies make money, there is no harm in investing.In fact, the technology industry is inseparable from the entertainment industry, such as CDs, DVDs, computers, the Internet, smart phones, etc. are all related to the entertainment industry.No matter how much resistance Apple received when it launched the Walkman, you know what will happen if you ignore the entertainment industry!

At the end of this year, Li Zetian and Yu Jingqiu received a total of 3 million U.S. dollars in dividends. The couple donated 1 million U.S. dollars to the LY Foundation, and the other 6500 million U.S. dollars were used to repay bank loans, buy villas, and other expenses. The next $[-] million.

The LY Foundation has also raised $2 million from companies in Li Zetian's name, so there is now a total of $3 million in funding.

"Orphanages are mainly established in Asia, followed by Europe and the United States, followed by Oceania, South America, and finally Africa. The same is true for schools." Li Zetian discussed with Yu Jingqiu.

"Well, yes, we are Chinese, of course we should try our best to take care of the Chinese." Yu Jingqiu nodded.

"In addition, it's best for the LY Foundation to be able to make money through investment, and it's not a problem to rely on fundraising all the time. In this regard, I think Dongfang Yuqin can be invited to help you."

Yu Jingqiu smiled and said, "It would be great to have her help me!"

……

……

PS: I don’t know how to do it tonight, I feel dizzy, I will make up the fourth update tomorrow
 PS: I don’t know how to do it tonight, I feel dizzy, I will make up the fourth update tomorrow
  
 
(End of this chapter)

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