Rise of the 1630s South America

Chapter 2313 Fund preparation

"Income tax is the most morally corrupt among all taxes!" said an old man in satin clothes in a teahouse in a high mountain and flowing water in Qingdao County.

The quality of your clothes, old man, is good, and it looks like they were made by individual weavers who take private custom orders.Looking at the craftsmanship, it is at least the work of a master craftsman for more than 20 years, which is not cheap!

In fact, this old man is a well-known stockbroker in Qingdao County, and he has deep relationships with many business operators.Most importantly, he knew many managers of investment funds and asset management companies that were spun off from the former East Coast Company, who provided great help to his career-in 1695 alone, in his Under the matchmaking, seven equity transactions were concluded, involving more than 20 yuan.In this process, he naturally obtained a large amount of commission income.When I went to the tax department to pay taxes a while ago, the old man bleeds hard, so he has been worried about it.

However, as a stockbroker, he only has to pay income tax, but those companies that sell their shares may also have to pay capital gains tax, and this is also a new policy that was only introduced two years ago, in order to make up for the shortfall after the infamous chattel tax was officially abolished .But is capital gains tax really easy to collect?the answer is negative.

The occasions where the East Coast government currently collects capital gains tax mainly appear in real estate transactions, stock transactions, and bond transactions.But the problem is that these three types of transactions, many people often trade in private.Take house sales as an example. In many cases, the two parties to the transaction directly sign an agreement, pay the money with one hand, and hand over the house deed with the other. They do not go to the relevant government departments to file for the record.Buyers and sellers of houses are not afraid of the other party’s repentance. After all, there is a kind of simple "civil justice". Many people have no problem living in houses for decades after trading houses. This kind of thing is not uncommon even in China in the 21st century. It is illegal for people to buy a house in the countryside, but isn't it still the case that the people don't raise officials and don't investigate?What's more, both parties to the transaction are often acquaintances, and the cost of breaching the contract is even higher.

Equity and bond transactions are more troublesome, but it depends on the situation.Transactions of registered stocks and registered bonds must be registered with the industry and commerce department (but not without private transactions), but the transactions of larger numbers of bearer stocks and bearer bonds are difficult to track, and the two parties generally do not trade in order to save costs. Will take the initiative to register, which has lost too much tax money.

Therefore, in the last fiscal year (1695-96 fiscal year), the capital gains tax actually only collected more than 43 yuan, which is simply incomparable with the movable property tax of more than 400 million yuan in the previous year.The east bank government wants to rely on this to make up for the shortfall, but it is really desperate. It is better to raise the tax rates of other taxes.But in any case, some people pointed out that with the development of economy and technology, the tax collected from capital gains tax will increase year by year in the future, and sooner or later it will become an important source of fiscal revenue. .

Although more than 400 million chattel taxes a year have been cancelled, it is gratifying that the fiscal revenue of the East Coast government has not declined, but is still rising steadily, mainly due to the expansion of the economic scale and other tax revenues. A rising tide lifts all boats.According to statistics from the Ministry of Finance, as of the end of the last fiscal year, the fiscal revenue of the Chinese East Coast Republic government has reached the best level in history of 5118.89 million yuan.

Among them, tax revenue still accounted for the bulk, reaching 3522.3 million yuan, and non-tax revenue was 1596.59 million yuan.Among the tax revenues, as expected, the real estate tax ranks first, at 1088.28 yuan, which ranks first among the others.The second place is the customs tariff, which is 556.4 million yuan, and the consumption tax is almost the same, which is as much as 530.97 million yuan.There are more than a dozen other taxes such as business tax, deed tax, stamp duty, tobacco and alcohol tax, all of which range from hundreds of thousands to more than 200 million, which is far behind the top three, but the sum is not a small sum.

A total of 5000 million yuan in taxes, according to the current sharing ratio, the central government takes 2000%, and the local government takes 1600%.Therefore, the central government can only mobilize about 1700 million yuan a year. Considering the problem of tax arrears, this figure has to be discounted. It is already very good to have [-] million to [-] million available. Increase taxation.

"Income tax, capital gains tax, real estate tax, which one is not a bone-sucking marrow!" Another well-dressed businessman also echoed: "I have worked hard for half my life and earned some money, but in the end I have to pay for some houses. What's more annoying Yes, you still need to charge money for owning the house! Only the British are so shameless!"

The person who spoke was a textile exporter who earned a lot of money by exporting woolen fabrics to New Courland, Angola, Mozambique, Xinhua Island, Australia and other places.This man bought a house in Nancungang last year. The house occupies a very large area and was built like the famous buildings on the Qinhuai River in Nanjing. It cost a total of more than 1 yuan.At the time of the transaction, the seller stated that the capital gains tax will be borne by the buyer. At the same time, if he holds the house in the future, he will also pay a real estate tax of 2% per year. The cost is indeed not low.

Interestingly, the Kingdom of England is recently preparing to collect real estate taxes like the East Coast to enrich the treasury.In fact, as early as the 15th century, the English had levied similar taxes, but they did not persist, and I don’t know why, probably because the nobles and merchants opposed it.But this time William III's will was very firm, even if he fell out with Congress, he would have to collect this kind of tax.The members of the Congress considered that the king needs to cooperate at present, and it will cost a lot of money to maintain such a large-scale navy. Sooner or later, they will have to pay for it, whether it is "aid money" or some other name, so in the end they still pinch their noses Agreed, and collected it permanently as a fixed tax, which is relatively rare in a big country.

Those who were taxed in Britain scolded the king for being shameless and stealing money for the war!Some people even maliciously speculated that the king's tax revenue was not enough to spend, and now he added real estate taxes. Could it be that he wanted to control the army and navy by himself and change England's system?Of course, this guess is a bit nonsensical. The current British navy and army have long since been determined by the king, and it is impossible to rebel.In contrast, other people speculated that William III was not determined to govern the United Provinces, and it was more reliable to fight back.In short, there are more and more places in England to learn from the East Coast. Whether it is economic policy, fiscal policy or military policy, there are many references and plagiarism. It is not an exaggeration to praise the good students on the East Coast.

"I heard that the government may have to impose new taxes. In addition, the game with the local government will continue. The government intends to take half of the annual fiscal revenue into its arms, which is 500 million. With so much money, Everyone can guess the usefulness, hey, I just don’t know if it’s enough or not, and now there’s still a small 2000 million yuan of public debt to be repaid.” Another tea customer said: “Insufficient insurance means borrowing new debts to pay off old debts. way."

When he said this, everyone fell silent.In the current situation, anyone with eyes can see that the government is preparing for war.A while ago, many places in the country were recruiting troops, and the army will expand to three regiments on the basis of the current five fully formed mixed regiments.Although these three regiments are all empty regiments with only more than 1000 people, and their equipment is often incomplete, there is a high probability that they will gradually make up for the missing soldiers and equipment in the next few years, so that a total of eight mixed regiments will be formed before the war breaks out. 4 A huge establishment of thousands of people.

With an army of 4 people, many people are dizzy, what a huge expense!Even in peacetime, it takes about one-third of the central government's fiscal revenue a year, let alone in wartime.

In addition, the Navy is currently building a large number of specially-built troop carriers, fresh water supply ships, ammunition supply ships, medical ships, maintenance ships, coal ships and other logistics supply ships.For this reason, the four major shipyards plus the private Xinxing Shipyard are working overtime and working all night to build ships at the fastest speed.Three shifts is basically the norm, and it is not enough. The shipyard is still recruiting a large number of new workers, buying new machines, building new slipways, and continuously expanding production capacity.After all, they still have a large number of orders for steam ships that have not been delivered-these ships are likely to be requisitioned by the military in the future to undertake transportation.

With such a large-scale military expansion and war preparation, it is actually natural for the government to be in financial distress.Levying new taxes and issuing new debts is trivial. The government hasn't asked you to receive "patriotic salary" ([-]% of the normal salary), which is already good.On the matter of preparing for the war, the government's attitude is firm, because this is a once-in-a-lifetime opportunity, and a consensus has been reached at the internal meeting of the Executive Committee.In the next few years, the tax burden of the people and enterprises across the country will definitely become heavier, but these efforts are worth it!Because the government intends to completely establish order in this war, a new world order dominated by people on the east coast, which will benefit future generations inexhaustibly.

There is a high probability that legal currency (golden coupons) will be launched, either next year or the year after. Let the market be warmed up first so that the common people are familiar with it.When the future war enters a critical period and various expenses increase sharply, there will be a basis for over-issuance of legal currency.What?Do you want to exchange your French currency for gold at the Precious Metals Administration?Sorry, there are too many people redeeming now, and the service window is also very limited, wait in line slowly, it will be your turn in about a year and a half!What?We won, you don't want to change?Well, keep the legal currency, eat and buy clothes, listen to music and watch dramas, all of which can be used.

"It seems that this battle must be fought." The stockbroker finally slapped his thigh and said helplessly: "I just hope that the fight will be over soon, and the government will spend less money. We will pay for these in the end, alas. "

(End of this chapter)