Chapter 538: Imposing a Tax on the Rich, and Achieving Mass Production of Room-Temperature Superconducting Materials

4 trillion US dollars of foreign exchange to be settled, that is, 24 trillion Dragon Country currency, how did such a huge amount of foreign exchange reserves hide?

Dawich couldn't figure it out.

Wei Yan couldn't figure it out either.

24 trillion, not 240,000!

24 trillion Dragon Country currency averages out, and every citizen of Dragon Country can get nearly 20,000 yuan, which is not a small amount.

"4 trillion US dollars, how come such a huge amount of foreign exchange to be settled is only discovered now?" Dawich asked with a gloomy face.

He didn't expect that Dragon Country actually had a backhand. No wonder it dared to insist on promoting universal free medical care under economic deflation. It was thought that there was "hidden energy behind it."

"Robert Carter, head of the Society for Worldwide Interbank Financial Telecommunication, said that this part of Dragon Country's account did not go through the SWIFT bank settlement system, but was distributed in various banks in an external way. Now that Dragon Country has initiated a settlement application, the data center of the Society for Worldwide Interbank Financial Telecommunication has captured the information."

The secretary responded quickly.

As soon as the words fell, Wei Yan and Davic both looked surprised.

Funds cheating, hidden total amount, Longguo's think tank may have anticipated this day, so they laid the groundwork early.

Perhaps many people don't know how easy it was to sell Longguo products.

Let's put it this way, if you pick a piece of glass, it may be produced in Longguo, if you pick a pair of scissors, it may also be produced in Longguo, even if you pick a bag of nails, it may still be produced in Longguo.

From TV and air conditioner remote controls to glass kitchen knife display screens, Longguo products have won most of the global market share.

It is for this reason that Longguo-labeled products have become synonymous with good quality and low price.

This is why, at its peak, Longguo's foreign exchange reserves reached 7 trillion, but in fact, it was far more than 7 trillion, and there were a large number of cheating amounts that had not been settled.

What is cheating amount?

To put it bluntly, it means not to settle the exchange.

Before the advent of the domestic settlement system, the settlement of exchange needed to be settled through the SWIFT bank settlement system for trade settlement.

Who is the buyer, who is the seller, how much you earn, as long as it goes through the SWIFT bank settlement system, the Society for Worldwide Interbank Financial Telecommunication database will have a record.

But if you don't convert the currency, the Society for Worldwide Interbank Financial Telecommunication doesn't have the ability to know all the cooperation orders.

This is a bit like a "bathing veteran". You can pay with WeChat and Alipay, but you are used to carrying thousands of cash. As for what it is used for, only the two parties to the transaction know.

...

After sorting out the incident, Wei Yan couldn't help but sigh: "It seems that Longguo is not just talking, it really wants to use all its strength to build free medical care for all people, so as to break the economic deflation."

"But can it really persist?"

Davichi couldn't help asking.

If Longguo only has 100 million people, according to the current production capacity, it can completely achieve free medical care for all people, and even free education and pension can be further improved.

But with a population of 1.3 billion, it will soon be 1.4 billion. It is estimated that the annual free medical expenditure will be more than 30 trillion.

Is Longguo sure that there is enough capital investment?

Davichi expressed doubts.

"This set of combined punches should not be finished yet. Longguo cannot be unaware of the expenses of free medical care." Wei Yan said in a deep voice.

Just as he expected, all prefecture-level cities in Longguo were holding meetings.

What meetings?

Interviews with local tycoons!

The new Longguo was founded less than a hundred years ago, and all aspects of taxation are still imperfect.

For example, departure tax, inheritance tax, and various direct taxes have not been implemented.

As for why it has not been implemented, the main reason is that the top leaders want to create a group of rich people first, and let them drive others to become rich later.

Now this group of people are already very rich, and the wealth in their hands also needs to be restrained, and to a certain extent, it needs to flow back to society.

After several days of interviews, local departments also reported their opinions and information.

Half a month later.

After sorting out the opinions of various prefecture-level cities, the tax bureau added bricks and tiles to the "free medical care" and posted high-profile articles on various social platforms.

[In order to further improve my country's tax system, optimize the tax structure, and promote social equity and economic development, it is now decided to implement property tax, departure tax and inheritance tax nationwide. The relevant matters are now announced as follows:

1. Property tax

Purpose: The property tax aims to regulate the real estate market, promote the rational use of resources, increase local fiscal revenue, and provide financial support for public services.

Scope of taxation: The property tax will be levied on multiple houses and commercial residential properties across the country, including properties in cities, county towns, and towns.

Tax basis and tax rate: The tax basis of the property tax is the assessed value or market value of the property. The specific tax rate will be set differently according to different regions, property types and values ​​to ensure that the tax burden is fair and reasonable.

Exemption policy: For low-income families, special hardship groups and properties for specific purposes, exemptions can be granted according to law.

2. Departure tax.

Purpose: The departure tax aims to regulate capital flows, prevent illegal outflows of assets, and safeguard national economic security.

Taxable objects: The departure tax is mainly levied on individuals and enterprises that are about to leave China, and their property, income or capital gains obtained in China.

Tax rate and calculation method: The tax rate of the departure tax will be set according to factors such as property type, value and holding time, and the specific calculation method will be announced separately.

3. Inheritance tax

Purpose: The inheritance tax aims to regulate wealth distribution, promote social equity, and prevent excessive concentration of wealth.

Scope of taxation: The inheritance tax will be levied on the personal legal property left by citizens at the time of death, including real estate, deposits, stocks, jewelry, etc.

Tax rate and calculation method: The inheritance tax rate will be levied progressively based on the total amount of inheritance, and the specific tax rate and calculation method will be announced separately.

Exemption policy: For low-income families, special hardship groups and inheritance for specific purposes, exemptions can be granted according to law.

IV. Implementation time

The specific implementation time of property tax, departure tax and inheritance tax will be notified separately to ensure a smooth transition and smooth implementation.

This announcement will take effect from the date of publication. If you have any questions or suggestions, please promptly feedback to the relevant departments. ]

The relevant announcements on the implementation of property tax, departure tax and inheritance tax have once again made the Dragon Country Internet, which had just been silent, exploded.

Almost in the blink of an eye, the entry of "Tax Reform" rushed to the hot search list, and the number of views also soared rapidly.

1 million.

7 million.

30 million.

50 million.

The surge in the number of visitors has also brought about countless discussions among netizens.

[Xiaotang doesn't know martial arts]: "If I remember correctly, property tax, departure tax and inheritance tax are taxes on the rich, right? Could it be that the country wants to rob the rich to help the poor and use this part of the tax to fill the hole of free medical care?"

[Ming Jing Jiuzhou]: "No wonder the country dares to promote universal free medical care and exempts the payment of medical insurance. It turns out that there is a combination of punches!"

[Fast as lightning]: "The rich should pay more taxes. Only when the tax is balanced can social wealth be redistributed."

[Me in the mirror]: "In order to achieve universal free medical care, I have felt the country's decision. If nothing unexpected happens, housing prices will slowly fall from the altar."

Multiple properties are subject to taxation, and commercial residential properties are also subject to taxation. To put it bluntly, in addition to the housing for just-needed needs, other additional properties need to pay a tax.

Like the United States and other developed countries, they also have property taxes, and they are levied every year, and the amount levied is calculated based on 1% to 3% of the total price of the house.

For example, if you buy a house worth 1 million US dollars in the United States, in addition to paying daily management fees, you also need to pay 10,000 US dollars in property fees.

Of course.

This is paid at the lowest 1%. Whether it is 1% or 3%, it still needs to be evaluated by professional institutions, but generally speaking, it is often levied at 1.5% or 2%, taking the middle value to collect taxes.

Because property taxes have to be paid every year, American people tend to rent houses.

Even if they really want to buy a house, they will do it within their means. After all, if they can't pay the property tax, the house will be seized and auctioned.

As for inheritance tax and departure tax, this is too far away for ordinary people.

Let's talk about inheritance tax first. Although it also affects ordinary families, it obviously has a greater impact on wealthy families.

Even if a 1 million inheritance and a 10 billion inheritance are both levied at 10%, the latter is a full 1 billion in taxes.

The impact on ordinary families can be completely compensated by free medical care.

As for the departure tax, many people may have a misunderstanding. It is not actually levied when leaving the country, but only when leaving the country to settle down. Tourism is completely unaffected.

For example, suppose a wealthy businessman gets a US green card and decides not to live in Longguo anymore. He wants to sell his domestic assets at a low price. At this time, the departure tax will be levied.

Translated into plain language, the departure tax is actually a "cutting fee".

After paying this money, you can go wherever you want and be whoever you want.

Because of the "cutting", the departure tax is also the highest. For example, the departure tax of the island country is 10%, Germany is about 20%, and the United States has the most severe levy, 23.8% for individuals and 21% for enterprises.

According to the US departure tax, if you have a net worth of 10 million US dollars, you need to pay 2.38 million US dollars before you can be allowed to legally leave the United States.

Otherwise...

The US tax department will be wanted worldwide.

Not only will it be a wanted notice, but it will also add a late payment fee, which is often 1% of the payment amount and is calculated on a daily basis.

Although the US tax system is very complete, there are loopholes that can be exploited.

For example, they can circumvent the inheritance tax by setting up a charity fund, and most of the rich people in the US are using it.

Do you think they really want to do charity?

No, no, no!

They just want to avoid taxes.

…

First, there was a 10 trillion yuan construction of universal free medical care, and then there was a "rich tax", which made the housing prices in Longguo begin to shaky, and the real estate speculators were already crying.

I thought I would get rich by speculating in real estate, but I didn't expect to sell it at a loss now.

Landlords who have multiple houses and rent them out for profit also received text messages, requiring them to go to the tax department to register for profitability.

At the same time.

The imperial capital of Longguo.

Yuquan Mountain.

In a courtyard near the stream, Wang Shan was drinking tea with several old people, and they all had a look of worry on their brows.

"This is a huge gamble. Our current domestic fiscal funds can only sustain universal free medical care for 1 to 2 years. If the situation cannot be reversed, it will be a devastating disaster."

"Yes, the 4 trillion US dollars of foreign exchange reserves have also been exposed. If we lose this bet, I can't believe how bad the domestic economy will be."

"Life is a series of choices and games. I hope that this time we make the right choice."

When the old men sighed, Wang Shan glanced at the memo on his phone. He took a sip of tea and said, "We cannot lose the battle that determines the fate of the country, and we cannot afford to lose. Okay, you guys drink slowly. I have to go to the ASEAN headquarters building. The power supply agreement needs to be re-finalized."

He had long remembered Chen Xing's several suggestions.

It is a good idea to use electricity to add chips to the Dragon Country currency.

You should know that the Dragon Country's power grid not only supplies electricity to the country, but also extends to Southeast Asia.

There are Dragon Country Power in Vietnam, Myanmar, Laos and the Philippines, and even Brazil, Australia and Italy.

It is not an exaggeration to say that if Dragon Country Power is disconnected, dozens of countries will also be cut off. This is the terrifying foundation of the State Grid.

And "Ultra-high Voltage Transmission Technology" is Dragon Country's unique skill and a winning magic weapon for supplying power to multiple countries.

Other old people nodded when they heard this.

"Go, the power agreement does need to be re-formulated, and the US dollar cannot be cheapened for nothing. ”

“In the past, we could only choose US dollars for settlement, but now we must make them pay in Longguo currency.”

“That’s right. Only when our currency becomes hard currency can we truly break the economic restrictions imposed by the United States on us.”

Wang Shan nodded slightly, and then asked the guard to drive, intending to fly directly to ASEAN.

On the other side.

Longgang, Shenzhen.

Longxing Group Shanshui Base.

Although Gu Ren went to the Northwest Nuclear Fusion Base, Chen Xing had the synthesis formula of room-temperature superconducting materials, and it was easy for other system talents to build a mass production factory.

Since room-temperature superconducting materials are top secret, his site selection is biased towards the corner, avoiding relatively mature industrial areas.

For the Shanshui Base, Longxing Group has been investing in the development in an orderly manner.

At present, 60% of the business workshops of the Wancheng production plant have moved out and come to the Shanshui Base.

As for the Tengfei Industrial Park, the Longxing Silicon Industry and Longguo Chemical Industry in it, the production plants of both are complete. All of them have moved out.

The current Shanshui base is a super factory that integrates automobile, semiconductor silicon wafer, photoresist, chip and mobile device businesses, and the number of employees has exceeded 100,000.

Yes!

A full 100,000 workers!

100,000 workers may seem a lot, but for a trillion-level company like Longxing Group, the number can only be considered average.

Of course, it is not that Chen Xing deliberately reduces the cost of employment, but most of the production lines have been semi-automated.

For example, only 6 people are needed to control the single production line of Brilliant X2.

"According to the current production progress, the daily output of room-temperature superconducting materials is 1.4 tons. Is it necessary to expand the production capacity?"

Li Tiao, the general manager of room-temperature superconducting materials, asked.

Chen Xing closed the equipment procurement document and then said: "Maintain this production capacity, all room-temperature superconducting materials will be transported to warehouses 76 to 80 for storage. No one is allowed to move without my permission. You must do a daily inventory."

"Okay, President. "

Li Tiao nodded in response.

Room-temperature superconducting materials are top secret and cannot be used for the time being, but Chen Xing will not wait until they are really needed to produce them. What he has to do now is to prepare for a rainy day.

While Chen Xing was still at the Shanshui base, directing the mass production of room-temperature superconducting materials, far away in the R&D building of the Bantian base of the Longxing Group, in the ternary computer programming laboratory, Jiang Ce and other programmers held their breath, waiting for the operating results of the new number system.