Awakening ability

Chapter 274 Private Enterprises
In a blink of an eye, Fang Hao has been in Taiqiu for 16 years.

During these 16 years, he was busy and rarely had time to rest.

But his efforts have also paid off enormously.

Under his promotion, Taiqiu has formed a preliminary industrial system.

The steam age has begun, the petrochemical industry has taken shape, and the Institute of Technology has also trained a group of scientific researchers, who not only possess the technology brought over by Fang Hao, but also have certain research and development capabilities.

This is what makes Fang Hao most gratified.

Even if Huaxia will send some people to manage technology in this world like him in the future, without the industrial system he currently has, there is no way to compete with him.

This also made him deeply feel how difficult it is to promote industrial development in a backward world.

He has supreme power in this country, and has funds that are incomparably rich, and he has brought tens of thousands of scientific and technological books from the earth. Coupled with the plug-in of monks, he has promoted industry in this country without any resistance, and has obtained the entire country. cooperation of the country.

Under such conditions, it has been busy for 16 years, and it has just kicked off the prelude to the era of steam and has initially formed an industrial system.

I don't know how many years it will take to keep up with the level of the earth with such a high-speed development.

In a word - too difficult!

However, even if it is only a primary industrial system, Taiqiu has undergone earth-shaking changes, making this country rich and powerful, and making people's lives easier.

This also attracts a large number of foreign immigrants.

With the same language and the same race, immigration is not that difficult.

According to the statistics of the 12th year of Daye, the total population of Taiqiu country is close to one billion.

For example, when Fang Hao first arrived, the increase was about [-]%.

Part of this is because people are getting richer and the survival rate of newborn babies is higher.

Another part is the foreign immigrants.

Taiqiu Kingdom has become a place that surrounding countries yearn for, and many people come here to do business.

This also enables the products of the industrial group to be sold to farther places and earn more profits.

Under the promotion of Fang Hao in recent years, the tax laws of Taiqiu Kingdom have changed, gradually aligning with the tax laws on the other side of the earth.

However, the tax rate for private enterprises is not so high, but the commercial tax will be relatively higher.

The main reason for this situation is that Fang Hao's company is the head of the private enterprise.

Of course, he is embarrassed to say that he wants to cut taxes for himself. He can only say that in order to encourage private capital to invest in industry, it is not appropriate to levy excessive taxes.

At the same time, it also came up with laws and regulations to reduce taxes on charitable donations.

According to the new tax law, the tax burden of private enterprises is below 5.00%, which is a very low ratio.

However, with such a ratio, the treasury revenue of Taiqiu Kingdom has also been greatly improved.

The total industrial output value is so large that even if it is levied at [-]%, it is still a huge amount of revenue.

By the end of the 12th year of Daye, the total treasury revenue of Taiqiu State was denominated in silver, reaching 15 billion taels.

Taxes have doubled over the past ten years.

Most of these taxes come from industry and commerce.

Agricultural taxes, which used to account for the largest proportion, are now very small.

The annual tax revenue that Fang Hao, the Imperial Master, can receive has reached [-] million taels of silver.

Among them, part of it is the tax paid by his enterprises, but the proportion is not very high.

Because many of his companies have avoided taxes through donations. Although the annual output value is amazing, the actual tax paid is very small, less than one percent.

The bulk of tax revenue is still other private enterprises.

No matter which country in the world, the national treasury revenue is not very high, but there is still a lot of private capital.

Some aristocratic families have accumulated a lot of wealth for thousands of years. They have piles of gold and silver in jars and buried them in the ground.

The country is poor and the people are weak, but the big landlords are very rich.

It's just that their wealth was mainly reflected in the land in the past. After all, food is the lifeblood of a country.

Normally they don't make much money growing food, but during times of disaster, they can hoard it and make a fortune.

However, Fang Hao has achieved great success in promoting industrialization here, and the money coming in is much faster than farming, which also makes those private capital jealous and have the idea of ​​​​following the trend.

In addition, after Fang Hao came over, he directly bought grain from other places to help the common people in times of disaster. They could not sell it at a high price, and the profit from farming became very low, and there will be no huge profits in the future. If possible, simply take out the capital and invest in industry.

——This is the case with food, anyway, the amount consumed is so much, the price will be extremely cheap if there is too much, and the price will be extremely high if there is less.[-]% more and [-]% less, the price gap is not [-]%, but several times or even ten times.If there is no shortage of grain every year, there will be no profit in growing grain.

The industries they can invest in are low-end industries that some industrial groups are not prepared to vigorously develop.

Those industries have no core technology, cannot make too much profit, and require a lot of labor.

Industrial groups don't want to waste too much capital on it, but the society needs those things, so they sell the technology to them at a high price and let them produce it.

As far as those fringe industries are developed, they can also increase so much tax revenue for Taiqiu Kingdom.

Their products radiate to more than a dozen surrounding countries, driving the local economy and creating a large number of employment opportunities.

According to the 12-year statistics of Daye, the total number of migrant workers in Taiqiu has exceeded [-] million.

That's an amazing number.

This number is still gradually rising.

Although most workers are not well paid, at least there is one more option for making a living.

Fang Hao's three major groups are the most difficult to enter, but after entering, the treatment is very good, you can receive literacy education for free, and the salary is about three times higher than the average salary of those private enterprises.

The number of employees currently owned by the three major groups has exceeded 2000 million.

This new working class has relatively long consumption power and has also improved the commercial level of Taiqiu.

One of the biggest problems brought about by the industrial development of Taiqiu is that the gold, silver, and copper used as currency are not enough.

In the autumn and August of the 13th year of Daye, the three major groups were the main investors, uniting the royal family of Taiqiu Kingdom, the Ministry of Household Affairs of Taiqiu Kingdom, and more than 200 aristocratic gentry from the capital and local areas to jointly invest 5000 million taels of gold to establish a Taiqiu family. The Commercial Development Bank has branches in every state capital and issues banknotes.

The bank promised that as long as they took the banknotes they found, they could exchange them for an equal amount of gold at any branch.

Banks finally appeared in this world.

(End of this chapter)