There are 4 trillion U.S. dollars of foreign exchange to be settled, which is 24 trillion dragon national currency. How can such a huge amount of foreign exchange reserves be concealed?
Davich couldn't figure it out.
Wei Yan also couldn't figure it out.
24 trillion, not 240,000!
On average, with 24 trillion Dragon Kingdom coins, everyone in the Dragon Kingdom can get close to 20,000 yuan, which is not a small amount of money.
"4 trillion U.S. dollars, how come such a huge amount to be settled is only discovered now?" Davich asked with a gloomy face.
He didn't expect that Long Guo actually had a backup plan. No wonder it dared to insist on implementing free medical care for all under the economic deflation. He thought it had "hidden energy behind it."
"Robert Carter, the head of the Association for Worldwide Interbank Financial Telecommunications, said that this part of Longguo's accounts did not go through the SWIFT bank settlement system, but was distributed in various banks in the form of plug-ins. Now Longguo has initiated a settlement application, and Worldwide Banking Financial The information was captured in the Telecommunications Association’s data center.”
The secretary responded quickly.
The moment the words were spoken, Wei Yan and Davich coincided with each other, and their eyes flashed with wonder.
The funds were cheated and the total amount was hidden. Longguo’s think tank might have expected this day, so they had made preparations early.
Perhaps many people don’t know how easy it was to sell Dragon Kingdom products.
Let’s put it this way, if you pick a piece of glass, it may be produced in the Dragon Kingdom. If you pick a pair of scissors, it may also be produced in the Dragon Kingdom. Even if you pick a pack of nails, it may still be produced in the Dragon Kingdom.
From TV air conditioner remote controls to glass kitchen knife displays, Longguo products have captured most of the global market share.
Because of this, Longguo label products have become synonymous with high quality and low price.
This is why, at its peak, Longguo’s foreign exchange reserves were as high as 7 trillion, but in fact, it was far more than 7 trillion, and there was still a large amount of unsettled cheat money.
What is the plug-in amount?
To put it bluntly, it means not settling foreign exchange.
Before the advent of the domestic settlement system, foreign exchange settlement required trade settlement through the SWIFT bank settlement system.
Who is the buyer, who is the seller, and how much you earn will be recorded in the SWIFT bank settlement system and the Society for Worldwide Interbank Financial Telecommunication database.
But if you don’t settle foreign exchange, SWIFT doesn’t have the ability to know all cooperation orders.
This is a bit like a "bath veteran" who is accustomed to carrying thousands of dollars in cash despite knowing that payment can be made by scanning WeChat and Alipay. As for what it is used for, only the two parties to the transaction know.
……
After Wei Yan clarified the incident, he couldn't help but sigh: "Now it seems that the Dragon Kingdom is not just talking, it is really going to use all its strength to build free medical care for all, so as to break the economic state of economic deflation."
"But can it really persist?"
Davidic couldn't help but wonder.
If the Dragon Kingdom only has a population of 100 million, it can completely achieve free medical care for all according to the current production capacity, and even free education and elderly care can be further improved.
But with 1.3 billion people, it will soon become a populous country with a population of 1.4 billion. The cost of free medical care for one year is estimated to be more than 30 trillion.
Are you sure Long Guo has enough capital to invest?
Davich expressed doubts.
"This set of punches should not be finished yet. It is impossible for Long Guo to not know the cost of free medical treatment." Wei Yan said in a deep voice.
Just as he expected, meetings were held in various cities in Dragon Kingdom.
What meeting?
An appointment meeting with the local rich man!
Xinlong Kingdom was founded less than a century ago, and all aspects of taxation are still imperfect.
Departure taxes, inheritance taxes, and various direct taxes are not implemented.
As for why it was not implemented, the main reason is that the top management wanted to create a group of rich people first and let them drive others to become rich.
Now that these people are already very wealthy, the wealth in their hands also needs to be restrained and flow back into society to a certain extent.
After several days of interviews, various departments also reported their opinions and information.
Half a month later.
After sorting out the opinions of various prefecture-level cities, the tax bureau further contributed to the "free medical care" and published high-profile posts on various social platforms.
[In order to further improve our 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: Property tax aims to regulate the real estate market, promote rational utilization of resources, increase local fiscal revenue, and provide financial support for public services.
Scope of taxation: Real estate tax will be levied on multiple housing and commercial residential properties nationwide. The specific scope includes properties in cities, counties, and organized towns.
Tax calculation basis and tax rate: The tax calculation basis of real estate 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.
Reduction and exemption policy: For low-income families, groups with special difficulties and properties for specific purposes, reductions and exemptions may be provided in accordance with the law.
2. Departure tax.
Purpose: The departure tax aims to regulate capital flows, prevent illegal outflows of assets, and maintain national economic security.
Taxable objects: Departure tax is mainly levied on the property, income or capital gains obtained in China by individuals and companies who are about to leave China.
Tax rate and calculation method: The tax rate of departure tax will be set based on factors such as property type, value and holding time. The specific calculation method will be released 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: Inheritance tax will be levied on the legal personal property left behind when a citizen dies, including real estate, deposits, stocks, jewelry, etc.
Tax rate and calculation method: The tax rate of inheritance tax will be levied progressively based on the total amount of the estate. The specific tax rate and calculation method will be announced separately.
Reduction and exemption policy: Reductions and exemptions may be provided in accordance with the law for low-income families, special needy groups and inheritances with specific purposes.
4. 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 release. If you have any questions or suggestions, please provide timely feedback to the relevant departments. ]
Announcements related to the implementation of real estate tax, departure tax and inheritance tax have caused the newly silent Longguo Internet to explode again.
Almost in the blink of an eye, the entry "Tax Reform" rushed to the hot search list, and the number of views soared rapidly.
1 million.
7 million.
30 million.
50 million.
The soaring number of viewers has also brought about countless discussions among netizens.
[Xiaotang does not know martial arts]: "If I remember correctly, property tax, departure tax and inheritance tax are taxes on the rich, right? Is it possible that the country wants to rob the rich and give to the poor, and use this part of the tax to fill the hole for free medical care? ?”
[Shocking Jiuzhou]: "No wonder the country dares to implement free medical care for all and waives the payment of medical insurance. It turns out there is a combination of punches!"
[Quick as lightning]: "The rich should pay more taxes. Only when taxes are balanced can social wealth be redistributed."
[Me in the Mirror]: "In order to realize free medical care for all, I feel the country's decision. If nothing else happens, housing prices will slowly fall to the altar."
Multiple properties are subject to tax, and commercial residential properties are also subject to tax. To put it bluntly, in addition to the houses that are just needed, other additional properties need to pay a tax.
Like the United States and other developed countries, they also have property taxes, which 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 US$1 million house in the United States, in addition to daily management fees, you also need to pay US$10,000 in real estate fees.
Of course.
This is based on the lowest 1% payment. The specific whether it is 1% or 3% still needs to be assessed by a professional agency, but generally speaking, it is often 1.5% or 2%, whichever is the middle value.
Because they have to pay property taxes every year, Americans tend to rent.
Even if they really want to buy a house, they will do so according to their ability. After all, if they cannot pay the property tax, the house will be seized and auctioned.
As for inheritance tax and departure tax, these are 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 10% inheritance is levied on an inheritance of 1 million yuan and an inheritance of 10 billion yuan, the latter is a tax of 1 billion yuan.
Free medical care can completely make up for the impact on ordinary families.
As for the departure tax, many people may have misunderstood it. In fact, it is not taxed when leaving the country, but is levied only after leaving the country to settle down. Tourism is not affected at all.
For example, if a wealthy businessman gets a green card from the United States, decides not to live in the United States, and wants to sell his domestic assets at a low price, then a departure tax will be levied.
Translated into vernacular, departure tax is actually a “cutting fee”.
After paying this money, you can go wherever you like and be whoever you like.
Because of the need to "cut", the departure tax collection ratio is also the highest. For example, the departure tax of island countries is 10%, and that of Germany is about 20%. The United States has the most severe collection ratio, with 23.8% for individuals and 21% for enterprises.
Calculated according to the US departure tax, assuming you have a net worth of US$10 million, you need to pay US$2.38 million before you are allowed to legally leave the United States.
Otherwise…
The U.S. tax authorities will conduct a global search.
Even if you are wanted, it will also add a late payment fee. The late payment fee is often 1% of the payment amount and is calculated on a daily basis.
Although the U.S. tax system is very complete, there are still loopholes that can be exploited.
For example, they can avoid inheritance taxes by setting up charitable funds, and most wealthy Americans are using this method.
Do you think people really want to do charity?
No no no!
They just want to avoid taxes.
……
In the past, there was a 10 trillion yuan plan to build free medical care for all, and then there was a "rich tax". This caused the housing prices in Longguo to teeter on the rocks, and real estate speculators were already crying.
I thought I would make a fortune by speculating in real estate, but I didn’t expect to sell it at a loss now.
Landlords who own multiple houses and rent them out for profit also received text messages asking them to go to the tax department to register for profit.
And at the same time.
The imperial capital of the Dragon Kingdom.
Yuquan Mountain.
In the courtyard near the stream, Wang Shan was drinking tea with several elderly people, their brows all covered with sadness.
"This is a huge gamble. Our current domestic fiscal funds can only sustain free medical care for all for 1 to 2 years. If the situation cannot be reversed, it will be a devastating disaster."
"Yes, the US$4 trillion external foreign exchange reserves have also been exposed. If the bet loses this time, I can't believe how bad the domestic economy will be."
"Life is a series of choices and games. I hope we make the right choice this time."
When the elders were sighing, Wang Shan looked 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 drink slowly, I have to go there." At the ASEAN Headquarters Building, the power supply agreement needs to be re-finalized. ”
He has long remembered several of Chen Xing's suggestions.
It's a good way to use electricity to add chips to Dragon Kingdom coins.
You must know that Longguo's power grid not only supplies power domestically, but also extends power supply to Southeast Asia.
Vietnam, Myanmar, Laos and the Philippines, and even Brazil, Australia and Italy have Longguo Electric.
It is not an exaggeration to say that if the Longguo power grid shuts down, dozens of countries will suffer power outages. This is the terrifying background of the State Grid.
"Ultra-high voltage power transmission technology" is Longguo's unique skill and a winning weapon for many countries that supply power.
Hearing this, the other old people nodded.
"Go ahead, the power agreement really needs to be reworked, and we can't afford to spend dollars cheaper."
“In the past, we could only settle in US dollars, but now we have to ask them to pay in Chinese currency.”
"You are 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, planning to fly directly to ASEAN.
And on the other side.
Shencheng Longgang.
Longxing Group Landscape Base.
Although Gu Ren went to the Northwest Nuclear Fusion Base, Chen Xing had the synthesis formula for normal temperature superconducting materials and easily let other system talents build a mass production factory.
Since room-temperature superconducting materials are top-secret, his location was in a corner, avoiding relatively mature industrial areas.
As for the Shanshui base, Longxing Group has been investing in development in an orderly manner.
At present, 60% of the business workshops of the Guancheng production plant have been moved to the Shanshui base.
As for the Tengfei Industrial Park, the production plants of Longxing Silicon Industry and Longguo Chemical have all been relocated.
The current Shanshui base is a super factory that integrates automobile, semiconductor wafer, photoresist, chip and mobile device businesses. The number of employees on the job has exceeded 100,000.
Yes!
A full 100,000 workers!
100,000 workers may seem like a lot, but for a trillion-dollar company like Longxing Group, the number of workers can only be considered moderate.
Of course, it's not that Chen Xing deliberately reduced labor costs, but that most of the production lines have been semi-automated.
For example, a single production line of the Bright X2 can be controlled by only six people.
"According to the current production progress, the daily output of room temperature superconducting materials is 1.4 tons. Is it necessary to expand production capacity?"
Li Tiao, the general person in charge of room temperature superconducting materials asked.
Chen Xing closed the equipment purchase documents and immediately said: "To maintain this production capacity, all room temperature superconducting materials will be transported to warehouses 76 to 80 for storage. No one is allowed to touch it without my permission. You must do a daily inventory. ”
"Good CEO."
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 actually needed to produce them. What he has to do now is to prepare for a rainy day.
While Chen Xing was still in Shanshui Base, guiding the mass production of normal temperature superconducting materials, far away in the R&D building of Longxing Group's Bantian base, in the ternary computer programming laboratory, Jiang Ce and other programmers held their breath, waiting for the new The results of the operation of the numerical system.
(End of chapter)