I am Da Song

Chapter 295 Who Says Usury Doesn't Pay Taxes?
Facing Liu Kai's question, Yang Shi said: "The country's wealth is closely related to the country's regular taxation."

"Based on Liu Duhu's knowledge, he must be clear about the shortage of money."

Liu Kai nodded and said, "I have heard a little bit that during the reigns of Emperor Hanwen and Emperor Jing, there was a shortage of money in the world due to insufficient coinage. The people had to use silk as currency."

In fact, this is what Liu Kai picked to say nicely. In terms of money shortage, the Song Dynasty was much more serious than the Han Dynasty.

Because the economy of the Song Dynasty occupies an absolute dominant position in the East, the currency of the Song Dynasty circulated in various countries such as Xixia, Liao, Jin, Koryo, and Dali.

When coins were minted before, there was a shortage of money every year, and no currency could supply the needs of the whole country.As a result, all regions had to mint their own coins to meet the economic needs of each region.

The smooth issuance of the Song Emperor's banknotes is largely due to this.The whole country and even the whole of East Asia are short of currency, and the money shortage is serious.

Therefore, there is a huge demand market for the issuance of the Great Song Emperor Banknote, which can alleviate the needs of transactions in various places.

As long as there is no war that lasts for decades and the Sansi does not print like the Ming Dynasty, the imperial banknotes of the Song Dynasty will not fall into a situation of depreciation.

Yang Shi said: "The reason why there is a money shortage is that the wealth of the country is measured by coins. Caravans continue to obtain real gold and silver from the West and return to the Central Plains. The country will rely on the total amount of gold and silver to print corresponding imperial banknotes. "

"Private wealth will gradually accumulate, and the corresponding total amount of imperial banknotes will also increase. Therefore, even if commercial taxes are not collected temporarily, the additional imperial banknotes printed by the three divisions every year will continue to increase the country's finances."

"With so much wealth flowing into the people, if agricultural output does not develop by leaps and bounds, food prices will not keep falling, but will continue to rise."

Zhao Huan agreed with what Yang Shi said.

In the history of the Central Plains, due to the existence of the Silk Road and the Maritime Silk Road, silver continued to flow into the Central Plains. Therefore, the increase in silver in the Central Plains could even implement a silver-standard currency policy.

With the highly developed industry and commerce in the Song Dynasty, as long as the continuous accumulation of social wealth is used to mint coins, the situation that the people do not add taxes and the country uses enough can be achieved for a long time.

The wealth created by industry and commerce will also slowly reduce the tax pressure on farmers and promote enthusiasm for agricultural production.

Liu Kai asked: "Then give up the collection of commercial taxes?"

Yang Shi shook his head with a smile, and said, "Since it's a small talk, I'll just talk about it casually. The Third Division is actually planning to collect industrial and commercial taxes."

"Longyou is even a crucial module in the planning of the third division."

Liu Kai's eyes lit up, and he immediately said, "I would like to hear more about it."

Yang Shi said: "The specific rules and regulations are vast and complex, so I will outline them."

"According to the strategy explained by the officials, the imperial court will not uniformly collect taxes on industry and commerce at one time."

Jixiang's statement surprised all the officials present.

Even the prime minister did not expect that the officials and the third division would make such an arrangement.

The Zhengshitang has always thought that the officials have been preparing for so long, and they will make a comprehensive plan involving all the gentry, businessmen and businesses across the country at one time.

But the third division turned out to be planning to separate and advance successively.

Yang Shi continued: "According to the regulations, the country divides industrial workshops and commercial trade into two categories."

"The first thing to collect is the commercial tax. The Longyou Protectorate's Mansion is one of the first directions to collect the commercial tax."

Liu Kai immediately asked with great interest: "Which area of ​​commercial tax does the third division plan to collect?"

"The country will set up tariffs in Longyou. All foreign caravans entering our dynasty have to pay tariffs. The tax amount varies slightly depending on the type. For example, all pearls, agates, luminous pearls, emeralds, ivory, tortoiseshell, gems, and golden Buddhas For luxury playthings such as alcohol and drinks, the tariff is charged at the top level of 20.00%."

"War horses, medicinal herbs, books, food and other items will be given corresponding discounts. In this regard, the imperial court will make a detailed tax rate booklet, indicating the tax rate of each commodity."

"The residence newspaper will also be published, and the people in the government and government everywhere will have clear texts to check."

Zhao Huan interjected and said: "The distinction between tariffs is not only to protect our country's industry and commerce, but also to encourage businessmen to make money for the country. For example, the tariff on war horses and books is zero, which is to introduce more powerful war horses and the essence of civilization from the West. You in Longyou want to keep the Silk Road clear, you must clear up the laws for me, strictly enforce the government, and if there are tax collectors who collect taxes indiscriminately, they will do it."

"I will not hesitate to clean the entire Longyou Protectorate from top to bottom!"

Liu Kai got up quickly, saluted solemnly, and promised: "I will keep a close eye on the administration of officials, and make the customs clean and clean as the top of all affairs in the Longyou Governor's Mansion! No tax collector will be allowed to disturb the people or corrupt the people."

Zhao Huan also said solemnly: "Zhenhui will send a supervisory censor to audit the details of Longyou's official administration every year. I hope you will encourage it."

The prime minister was also intrigued, and Mei Zhili asked, "Surround the country with tariffs. Within the tariffs, don't we levy taxes for trade with merchants?"

Yang Shi said with a smile: "It's just that there is no tariff, and its price will be relatively low compared to foreign countries. But a new tax system will also be established successively."

"For example, the first thing to collect is money tax!"

Money tax, as the name suggests, is a tax on working capital.

In the Song Dynasty, there is no doubt that this is the taxation of usury.

In the Song Dynasty, usury was not an underground activity.But like investing in real estate, it is one of the two most popular industries in Song Dynasty.

Moreover, it is standardized and professional. The first private lender is called Qianmin, and the person who helps them find a loan partner is called Xingqian.

Land deeds, land deeds, and gold and silverware are the best collateral.It is also common for borrowers to use their own wives and daughters as collateral if they have no property to mortgage.

As the largest financial industry in the Song Dynasty, it was naturally targeted by Zhao Huan.

Who said that there is no need to pay taxes on loan sharks?

These people handle a lot of wealth every year, but they don't benefit the family, the country, and the world. On the contrary, they have a lot of poison.Under Zhao Huan's will, he had to pay even heavier taxes.

Ji Xiang Yang Shi introduced to everyone: "According to the law of our dynasty, the interest rate of private lending shall not exceed double. Compared with the early years of the founding of the People's Republic, the interest rate of three to four times, although it has improved, is still a profiteering business."

"So the state will levy heavy taxes on all private loans, and the money tax will be as high as [-]%. Excluding the principal, [-]% of the interest income will be handed over to the state. The private tax rate will be reduced to the level of the Youth Law."

Mei Zhili took a breath and said, "A tax rate of [-]%? Will it arouse public anger? You must know that the borrowers in our dynasty annexed the people, even surpassing the princes. The borrowers are not only small people, but even officials and students. It can be seen that its power is huge. .”

(End of this chapter)