Chapter 1322-Implementation of National Debt

t and opposition for decades, and it is almost impossible to describe him with deep-rooted roots.behind Zhao Xuanji are four of the five remaining bachelor's degrees in the cabinet, as well as the off...Chapter 1322 National debt implementation

the carriage moved on for only a quarter of an hour, and Ogawa, who went to find out the news, came back quickly.

"your Highness, those people are talking about the national debt."

Ogawa respectfully reported in detail: "this morning, there was news from several large merchants in the capital headed by the Liu family that they would book in advance the quota for people to buy treasury bonds and were willing to increase the profit by 30%, but most of the people did not know what treasury bonds were, so those big merchants sent people out to explain to the big guys."

"the maidservant also learned that not only the place we just saw, but also more than a dozen places large and small around the capital have set up similar information desks, mainly to explain to the common people what is meant by treasury bonds, and all their merchants will buy this thing."

Ogawa's reply made Li Chen very satisfied.

he is satisfied with the efficiency of Nangong Shouzhong's execution.

sure enough, everything is going according to plan, and it's going a little better than he thought.

"not bad."

Li Chen nodded and asked, "what's the reaction of the people"

Ogawa honestly replied: "the maidservant's observation time is not long, generally speaking, people still hold a curious and wait-and-see attitude towards the new thing of treasury bonds, but because of the credibility of the court as a guarantee, and those big merchants are also solid with real money to come out to buy, there are still many people moved."

"I see, please stand down for a while."

after Ogawa left, the motorcade was back on the road.

as long as the national debt plan can be carried out smoothly, the problem of funds hindering the development of the imperial court can be solved completely.

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although the subsequent imperial court was saddled with huge debts because of the national debt, Li Chen already had a plan to repay the debt.

makes it clear that there is a very simple way to improve the treatment of businessmen and raise the proportion of business tax.

in any state system, the real source of national finance must not hold on to the wool of the peasants, who simply cannot stand it.

the feudal system, which lasted for thousands of years, made the agricultural tax of farmers so heavy that people living in modern times simply could not imagine.

at least 40% of the harvest of one mu of land will be taken away by the imperial court and local governments, and the remaining 60% will have to face losses from landlords, grain merchants and various natural disasters, and farmers may only account for less than 20% of the actual harvest.

and even so, few feudal imperial courts were really rich.

these are gory examples and lessons.

if the court wants to be rich, it still needs to make life easier for businessmen, who earn money from all over the world, while the court only earns money from businessmen.

businessmen make profits from the people, the court collects business taxes from businessmen, and then applies these taxes to the people. such a simple triangular circle is the fundamental foundation and core logic of the modern tax system.

Li Chen's plan now is to apply a complete set of business tax programs and policies to encourage business to the Qin Empire.

however, it is an indisputable fact that the status of businessmen is low.

it is almost impossible to improve the treatment of businessmen, and we will have to face the full opposition of the first three of the four classes of all-day corporal, agriculture, industry and commerce. The struggle between the

classes is much bloodier than dealing with treacherous courtiers and vassal kings, one of which is the overthrow of the state and the unrest of the rivers and mountains.y there was no need to look at the weak imperial court.these two powers are sharp weapons for the central government to control the world and places, and it is absolutely impossible for the localities...