Speaking of Li Zicheng's Dashun, the princess smiled and said:

"Li Zicheng's money came too easily, and he also had the role model of the Ming Dynasty's officialdom. Therefore, although the Ta Kung Pao also exposed several cases, with Niu Jinxing's intervention, all the reports of the ** have been harmonious since then. Haha! Li Zicheng treated his subordinates quite well, so the generals and officials of Dashun were fearless, especially those from Shaanxi. With Liu Zongmin leading the **, the upper beam is not straight and the lower beam is crooked. The officialdom of Dashun is probably bigger than before.

There are particularly outstanding cases in the Ming Dynasty. Nowadays, generals and officials with some status in Dashun are proud of their ability to follow the dragon. They are extremely proud and arrogant. They compete with houses, women, and cars. They are luxurious for a while. In order to match their nouveau riche status, I specially tailored a top-quality wine for them, which is specially put into the Dashun market. As long as the Ming Dynasty is popular, the best-quality wine in Dashun will definitely be sold."

Chongzhen smiled and then sighed:

"Li Zicheng got rich overnight, and nouveau riche are all of this kind of virtue. Money comes easily and spends happily. We cannot compare. As a responsible government, we can't learn from Li Zicheng, which is no different from public robbery. Therefore, tax reform has a long way to go, and it cannot be excessive. Before the improvement of the government, if the tax reform is too extreme, the tax burden will eventually be transferred to the poor, so it cannot be excessive. If it is not changed, the country's annual income is insufficient, and war requires money, technology investment requires money, and education investment also requires money. It is because we are not a leader who does not know that food, rice, oil and salt are expensive. Li Zicheng is not short of money. He is very nourished by being an emperor. Although I, as an emperor, I still have some money in my hands now."

When the tax reform was brought forward, the princess shook her head. The princess originally agreed to the radical reform line, but the tax system was changed, and opposition between the government and the opposition was rampant. In this case, even if the reform was forced to be promoted, it would have little effect. Finally, after discussing the matter, the three people agreed that they could only adopt a gradual method to carry out tax reform.

When Wang Chengen worked in the enterprise in the future, he also borrowed money from the bank and drank a few drinks with the deputy governor of a bank at the dinner table. The deputy governor was very excited when he was drinking, so Wang Chengen had to be a qualified listener. During the reform process, the four major state-owned banks once formed huge bad debts, and even bank practitioners were worried that these bad debts would drag the bank down. In fact, this kind of worry was completely unnecessary. The deputy governor said: It was very simple. As long as the economy develops rapidly and the total amount of deposits continues to grow, that bad debt can be ignored after a few years.

Yes, if the total deposit amount in the 10 billion yuan and the bad debt was 5 billion yuan in the 1990s, then the bank would have gone bankrupt long ago. However, in the 21st century, the total deposit amount rose to more than 100 billion yuan, and the bad debt of 5 billion yuan would only account for 5%. This is just a disease of scabies. With this method, you can also say that it covers up the problem or solves the problem, depending on where you stand.

Therefore, Wang Chengen's solution is also based on the dual-track idea, which is to make new industries bigger and stronger, and when the new industries can compete with traditional industries, then fundamental reforms will be made in the tax system. New industries adopt official-private joint ventures, and taxes are all levied at 10% of the turnover. Because official representatives participate in management, the turnover cannot be falsely reported in normal circumstances, and this part of the tax cannot be eliminated. One of the conditions for any investor to participate in official-private joint ventures is to pay 10% business tax and 10% income tax, which is only exempt from income tax in the first three years. Official-private joint ventures make profits

Then you can apply for listing from the stock exchange. Once listed, you cannot exempt income tax. Any listed company must disclose financial data, and these companies must pay business tax and income tax honestly. After all, stock prices need performance support, and no shareholders are willing to dip in the stocks they hold. Therefore, if the conditions are appropriate for official-private joint ventures, they will immediately get the opportunity to go public. The shareholders' value has risen sharply, so they naturally have to do everything possible to go public. Because of this, more and more investors are entering new industries, and the growth of new industries has entered a virtuous cycle.

Originally, the Federation of Industry and Commerce had not had many functions, so Zheng Zhilong was to undermine him from the beginning. However, after the establishment of the Federation of Industry and Commerce, it gradually increased its functions. Now, not only did it have the functions of the later Industry and Commerce Bureau and the State-owned Assets Supervision and Administration Commission, but at the suggestion of Wang Chengen, the functions of the China Securities Regulatory Commission were also placed in the Federation of Industry and Commerce. Gu Yanwu was in charge of the China Securities Regulatory Commission, and Zhu Tongyi, as the secretary-general of the China Securities Regulatory Commission, of course, he had to go through Wang Chengen's final listing. Now the Federation of Industry and Commerce is the hottest yamen in the Ming Dynasty. Because you must go to the Federation of Industry and Commerce to go through the Royal Academy of Engineering before you can take up a job, students applying for the Royal Academy of Engineering are becoming more and more enthusiastic. The Royal Academy of Engineering was the predecessor of the Royal Academy of Military Engineering. Due to the needs of the development of the situation, it has now been renamed the Royal Academy of Engineering.

The final tax reform plan was a gradual reform plan, which is "official and private business, industry first, business follow closely, and listing with the best. The tax system is reformed in step by step, two tracks are parallel, and gradually unified."

Since all the projects jointly operated by the government and private enterprises have been profitable so far, they are very attractive to investors. In addition, there is also the possibility of listing. So far, the stock prices of listed companies are far higher than the original value of the stock. After listing, their wealth has increased rapidly. Such beautiful things have inspired the dream of getting rich by Ming investors. Jia Fatty Jia and Lin Beigu have this idea.

Of course, Chongzhen still thought the speed was too slow. If it weren't for the Japanese people, then it would be slower. Anyway, there was time. However, once the Japanese traveled through time, they had to feel a sense of urgency. To fight against the Japanese, they must vigorously develop the navy. The navy is a big money-burning business. Whether it is official shipbuilding or private companies to build ships, they should not be vague. Therefore, in theory, they have generated a lot of money in the past year, but they always feel that they are short of money.

The princess is free to pay attention to the financial situation and can tell the income from her mouth:

"In theory, although our income is not as good as Li Zicheng and Zhang Xianzhong, our income is also quite large. Taiwan gold mine auctions and land auctions have more than 12 million taels of silver. After deducting the reclaimed land expenses and the grain subsidy for reclaiming Taiwan, there are about 10 million taels of silver. Second, the Ministry of Revenue has a normal tax of 3 million taels of silver; Third, the arms profit is about 3 million taels of silver; Fourth, Beijing's operation of the "Pingliamentary Bond" has a profit of about 4 million taels of silver. Together, the total amount of these four parts is also 20 million taels of silver. In addition, the income from the transaction tax of securities exchanges, the issuance income of the issuance of gold and silver coins, and the official and private joint ventures have an official part of the income. As for the shares of the Emperor, it should be considered the assets of the treasury, and the dividends should also be considered the income of the treasury. If all of them are cashed out, it is also a considerable amount of money."

Although it counts as 20 million taels of silver, it took 4 million taels of investment in Beijing Pingliao government bonds, and it is also planned to make some profits in Pingliao government bond operations in the next few months. However, when it comes to stocks and dividends, Chongzhen said solemnly:

"The shares and dividends of several listed companies are also the two of you. Haha, the emperor's daughter needs to get married, so she must have a generous dowry, right!"

The princess said coquettishly:

"I don't want to get married yet! Don't think about driving me out of the palace so soon, there's no way!"

Chongzhen also smiled when he looked at the princess whose body had not yet matured:

"You are still young. In the future, you are still a middle school student at this age. It is illegal to get married at this age. But this is in the Ming Dynasty, and there is no such restriction. Anyway, it's good to take advantage of your life and enjoy more romantic time."

The princess thought to herself that the 15-year-old girl in later generations was ignorant and didn’t know anything. In the Ming Dynasty, she could make millions of taels of silver with the identity of the princess as a loli. This sense of accomplishment is really intoxicating. It would be so many times more prosperous than being a doctor in later generations. It’s really a difference. Looking forward to the future, Li Zicheng’s Dashun economy collapsed in his hands, and a greater sense of pride surged in his heart - life is like this, what else can his husband ask for!
Chapter completed!