Su Dao didn't want foreign countries to have too many national debts from the Chinese Empire. Moreover, for an imperial country, it is completely different from the Western constitutional monarchy. The centralized power centered on the emperor has a lot of power...

In other words, in such a country, there will be basically no problems as long as there are no huge changes, such as military changes, large-scale coups, etc.

Because many of the citizens of this country believe in their emperors, and the emperor has supreme rights in this country, and no one will object.

It would be reasonable to say that the next generation of emperors may have some various problems, but it is absolutely impossible for Su Dao, because Su Dao established the Chinese Empire and pushed the status of the Chinese to the top of the world.

It can even be said that as long as Su Dao is willing and only one word of his will, countless people across the country will be willing to spend their money to help the country overcome difficulties.

Although this method is similar to treasury bonds, the quality of the names is different. Treasury bonds are subscription-based, but this is a donation-based type, one is used to pay back and the other is not required to pay back.

However, Su Dao had a contradiction in his heart, that is, he would rather rob money from other countries than take up a penny of his own citizens even if it was the money of a poor person abroad.

This can be seen from the policy of tax exemption for three years in the country. If Su Dao wants to make money in China, he can start collecting taxes from the second year or as soon as the country is established.

After all, taxation is the foundation of a country. How much money will be lost if you don’t collect it in a year? Many countries rely on taxation to support it, and it can even be said to be the whole. A country that can support it for three years without taxation can be said to be a miracle in the world.

And it was in an era of war, an era where money was needed everywhere. According to information, Britain had raised its tax points at this time, and even the British who had colonies all over the world could not hold on, let alone the Chinese Empire that was blooming everywhere around the world?

There is money in banks, public assets belonging to the state, and personal deposits from private countries. If it is misappropriated, it is not impossible. However, once this opening is opened, there will be countless such things after the day. Over the long run, it will also have certain harm to the development of the country.

Imperial Bank, the largest and only national bank in the Chinese Empire, has been open for two years. It has been over 100 million yuan in funds through Imperial Bank accounts every day, and its deposits have reached more than 10 billion yuan.

In later generations, more than one billion yuan was less than the total assets of a large enterprise, but now, this more than one billion yuan can fully support the basic development of a medium-sized country in several years.

If all this money is brought over, the Chinese Empire will not have to worry about financial issues for at least two years. In addition, there will be taxes starting next year. If it goes well, the vacancy can be filled in one or two years.

You should know that the three-year tax exemption policy has not yet played a slight role, which has given many private enterprises in China a lot of room for development. Because there is no tax restriction, they can spend more funds on investment.

As of now, there are hundreds of companies with assets of over 100 million, and thousands of companies with assets of over 10 million. And this number is growing rapidly over time.

If it is operated properly and the policy counterpart is applied, the government can get at least 5 billion in taxes every year from hundreds of companies with assets of over 100 million yuan.

This is not a heavy tax. Now the Chinese Empire is developing everywhere. If a company has 100 million working capital, as long as it is operated properly, it will definitely earn more than 200 million in a year.

Now the commercial competition in the Chinese Empire is not too fierce. Many industries have large demand and few suppliers. All factory orders are postponed for a few months or even longer. In this case, once taxes start, will you still be short of money?

"Comrade, I save for five years."

A man in his forties and fifties, with a woman of about the same age, sat on a chair in front of the Imperial Bank counter and stuffed the 20,000 yuan he had in his hand.

Twenty thousand yuan, for an ordinary family, this is undoubtedly a huge sum of money, 20,000 yuan. What can I do in the Chinese Empire?

The answer is very simple. If you spend 10,000 yuan, you can buy 100,000 kilograms of wheat. If it is white flour, it will be about 70,000 kilograms. If a person calculates two kilograms of white flour a day, then this ten thousand yuan can guarantee that he will have two kilograms of white flour a day within the next ninety-five years.

It can allow a family of five to avoid worrying about food for nearly twenty years. In the Chinese Empire, the households of tens of thousands of yuan are similar to those of China in later generations, and they are all rich.

But here, there is a very strange phenomenon. In addition to merchants, one of the 10,000 households must be a soldier in more than 90% of the 10,000 households, and once these military families become 10,000 households, there are only two possibilities.

First, he was promoted in the army, and his official position must be above major and the promotion time was more than two years. Then in these two years, an officer's normal military salary could be almost 7,000 or 8,000 yuan; second, the soldier was killed and the family entered the ranks of wealthy people through high pensions.

Of course, the Chinese Empire also has clear regulations on the pension. The pension is divided into two aspects, and these two aspects must be implemented. One is that after the soldier is killed, the pension will be paid according to the regulations. The other is that if the soldiers or officers have children, then before they are eighteen years old, local governments will issue five yuan of living subsidies to these orphans every month.

The subsidy is issued until the 18th birthday. On the day of birth, the government will pay a monthly allowance of five yuan for any of the parents of the fallen soldiers at the age of fifty-five. If there are only two parents left in the family and no other children, then the allowance will not be paid, but local governments must fully take over the old man's daily life.

That is, they are placed in nursing homes, and unified nursing staff take care of them, and they are jointly funded by the central and provincial finances until they die.

"Old man, the country has just started issuing treasury bonds today, and the longest time is also five years. The interest rate is nearly one point higher than the five-year regular period. Do you want to consider using this money to buy treasury bonds?"

The bank teller looked at the stack of money handed over by the man. The teller who greeted the money all year round and saw at a glance that it should be ten thousand yuan.

This kind of situation is common and they all know how the money comes from. Therefore, when receiving these depositors, the tellers also maintain a respectful attitude and do not say that they look down on the other person because of the poor dress.

"Treasury debt? What is this? Little girl, tell me, the old man has never been to school and has a low level of education."

The man called himself an old man, and his expression on his face looked at the little girl at the counter with a gloomy expression.

Although he was rich, he couldn't be happy now. Indeed, as the bank teller imagined, he had three sons and two daughters, his eldest son had already started a family and had one child. However, after immigrating to the Chinese Empire, he thought the army's salary was high and could support a family of nine. The money earned by others could be saved as a deposit.

But a month ago, he received bad news that his son died in the Soviet battlefield. Until the officers of the armed forces found his home and asked whether the body was buried in the Soviet Union or transported back to the martyrs' cemetery in China, he could not believe it was true.

Although he was buried in the martyrs' cemetery in the Soviet Union, he could get another additional allowance, that is, the cost saved, and the state would give some subsidies to the family.

But he still chose to bury his son in China, not because he thought that the money was too little, but because he was going to go to the point of living and seeing the body.

The result is the fact. When he saw his son's body, his eyes could no longer hold back, and two lines of clear tears fell on his cheeks. The old man didn't even dare to tell him that his father was dead.

The 20,000 yuan is the son's pension. The old couple had no intention of moving the money. They were afraid that the money would be stolen at home or be missed by the other two sons, so they decided to store it in the bank and use it to marry a wife for the grandson when he grows up.

"This is a debt issued by the state. To put it bluntly, that is, if the country does not have enough money, a batch of treasury bonds is issued. Then after you purchase the treasury bonds, the state can use the money. Of course, in return, the interest on the treasury bonds issued by the state is higher than that of the banks for regular periods, so the interest on the five-year treasury bonds is six points, which is zero or eight points more than the five-year treasury bonds.

In other words, if you buy treasury bonds, the interest you get will be nearly 200 yuan more every year than regular ones.”

The bank teller explained carefully.

"What's the difference?"

The old man asked in confusion, the bank is opened by the state, and it is not easy for the country to use the money they deposited. It just needs to be compensated before the money expires. Who knows whether it is moving in the middle?

"The difference is very big. In our country, personal deposits are protected by law. Even His Majesty himself, without the authorization of the depositor, dare not embezzle the money for other places privately. The period of deposits you deposit is mainly operated by the bank, and the interest given to you is also the profit of the bank after its successful operation.

Of course, if the operation fails, the bank needs to take out profits from other investments to fill the gap, so if it is regular, even if the operation fails, it will not affect your principal."

The teller continued to explain, although there were no explanations in many details, the general meaning was still understandable.

What details are said for an old man with a low education is a waste of saliva, and they don’t need to know too much. They just need to know where the money is spent, how it is spent, and how their interest comes from.

"Oh, then buy it for five years. Anyway, it's my son's life-long money. I'll save it for more than ten years to get married for my grandson."
Chapter completed!