After the first year of taxation is over, they will let people see the credibility of the Ming government, and they will inevitably exchange banknotes even more crazily, thus motivating the people to use and circulate such banknotes.
What's more, Zhu Gaotian also stipulated that if this kind of banknotes are used as inheritance and left to future generations, the full inheritance tax will be exempted!
This is a huge trap!
When these banknotes become stable, their value will be fixed, and people will habitually treat them as money.
And if these wealthy businessmen want to leave a large amount of their property intact to future generations, they will definitely sell off their property and exchange it all for banknotes!
After all, who wants to have half of the empire they have worked so hard to gain taken away by the daimyo's official uniform for no reason?
Moreover, after converting these family assets into money, even if they are sold below the market price, they can even recover 80% of the value, and even reach 90% of the value in good times. This is far from the case.
Far more than inheritance tax!
Or you can entrust it to an acquaintance, sell it at the market price, and then buy it at the market price after you inherit the inheritance. You may lose a few percent in transaction taxes and handling fees, but it is far better than the inheritance tax!
But there is a risk that the partners will change their minds! And they may not be able to generate so much cash flow.
But Zhu Gaoyan said it doesn’t have to be so troublesome! And there is no risk at all!
Zhu Gaoyan said that Daming can buy all your assets at market prices and pay them all with cash flow. You only need to pay the normal transaction tax. Then the government will verify the information and announce it within a week. The public auction can be held one week after the announcement.
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And if someone holds the sales procedures or contracts for these properties, they can also buy them at the selling price before the official auction, and then add a certain additional fee.
Of course, where does the money for the government to buy these properties come from? Of course it is printed. After all, this is a national expenditure, and the money printing machine can be used.
Isn't this just a waste of money?
Zhu Gaoyan said, "Isn't that the case? I'm very reasonable, okay?"
When they bought it back, the money smoothly flowed into the treasury and was used as the royal family's private purse, as well as the salary of ministers and the welfare benefits of officials.
Moreover, this money will basically not flow into the market on a large scale and will exist in the form of personal property.
As long as the economy doesn't collapse, it doesn't matter how much it is compared to before!
Think about it, if the people have money, the treasury will also have money, and prices and the purchasing power of banknotes remain unchanged, won’t the whole country take off directly?
As for the negative effects it brought about, Zhu Gaoyan said that he spared the surrounding countries not because of his kindness, but directly used banknotes to force the country to purchase, and even allowed the currency to appreciate!
The whole Ming Dynasty will get better and better!
Therefore, Zhu Gaotian was a little excited about such a crucial and historic day.
"Huh, give me another pot of tea, this tea is a bit weak!"
"Your Majesty, you have already drank eight large pots. You can't drink any more. You don't have a morning meeting or any heavy chores tomorrow. I think it would be better for you to rest early!"
"Why rest? I am very energetic now and not sleepy at all!"
Zhu Gaotian slammed the teacup on the table, startling the little eunuch.
"I'm asking you to pour a new pot of tea now, do you hear me?"
"Yes, yes, your Majesty, calm down your anger. Your Majesty, calm down your anger. I will do it now!"
Zhu Gaoying couldn't help but feel a little depressed. How could a little eunuch dare to let himself speak twice?
Forget it, forget about it...
Zhu Gaotian continued to revise the policies to be read out during the day under the light of candles.
"By the way, I forgot this!"
After that, every place where banknotes were exchanged was called a bank, with a central bank and local banks. Mr. Feng was the new president of the central bank.
The little eunuch had already brewed a new pot of tea. Zhu Gaoyan had been writing some new worries on the desk all night. The little eunuch was even more frightened when he looked at the densely packed small words on the book, page after page.
I know a lot of words written by His Majesty. I seem to recognize each of these words, but I don’t recognize them. I don’t know what they mean when put together. It seems that I am thinking about some complicated national affairs. Otherwise, how could I write like this?
many.
Your Majesty has been working intensively all night, and you must be exhausted mentally and physically. What if Your Majesty is exhausted? I am just a eunuch, and if I am not told in words, I will only make Your Majesty angry, Mr. Su, Mr. Yang, or Mr. Zhang.
It would be nice to have a few here.
If the Queen is here, she will definitely pull His Majesty to the bed to rest.
We, the people of the Ming Dynasty, are truly lucky to have met such a diligent and far-sighted monarch. It is a great blessing to live in this era.
Before I knew it, dawn had appeared on the horizon.
"It's dawn, what time is it now!"
"Reporting to your majesty, it's past six o'clock in the morning and it's almost midnight!"
What time?
Is it almost nine o'clock?
That is when the cabinet meeting is about to be held.
"You, send this handwritten letter to the cabinet!"
Cabinet? This is indeed a new edict written by His Majesty!
Your Majesty has been busy all night and is indeed worried about world affairs!
I just don’t know if Your Majesty is thinking about the war situation on the border, or the Snow Dragon train, and the banknotes to be issued today.
No, your Majesty is a rare wise king in the past. His vision is far-reaching and far-sighted, which is beyond the reach of a little eunuch like me.
The little eunuch bowed his body and stretched out his hands, as if welcoming a holy object, and took the scroll from Zhu Gaotian's hand.
"Go quickly. If you tell Yang Shiqi, they will say that there may be some shortcomings in what is written here. They will ask the cabinet to revise it and come up with some new things, and finally submit a final draft to me!"
Zhu Gaotian stood up unsteadily.
"Your Majesty, be careful!"
This shaky look made the little eunuch beside him feel anxious.
"I'm fine, it's just that my legs are a little numb after sitting for a long time!"
Zhu Gaoyan waved his hands and stabilized his body on the spot. He hadn't exercised for a while. He couldn't neglect physical exercise just to recuperate and recuperate.
"Go quickly, it's cold outside, take this stove, be careful of freezing!"
The little eunuch looked at the stove handed over by Zhu Gaotian, and his eyes were filled with tears. His majesty was so noble that he actually cared about him, a little eunuch!
The little eunuch was about to say something touching and heartfelt, but he didn't expect that Zhu Gaojian kicked him directly.
"What are you talking about? Why don't you hurry up!"