The Portable Farm in the Siheyuan
Chapter 150 Heading to England
This is only a small number of representatives. There are many young and old, warlords from various places, and business families. If you carefully count them, it is really exaggerated.
Mo Bin casually wrote a name for him, David Li, English David Li. Anyway, there won't be many opportunities to use it in the future. David is also a bad name in England.
The ticket was from Xiangjiang to Asan. In this era, there were no direct flights very far away, so we could only fly in this way, connecting flights one by one.
I flew directly from Asan to Aiji in North Africa, then transferred to Switzerland, and finally landed in London. It was already a week later. If I hadn't been in good health and had space, I would have been tortured crazy.
The airport really had a David Li who welcomed Xiangjiang. It was also a slightly bald middle -aged white man. When he introduced John Green, the two were still brothers.
"Mr. Li, I have booked the Savoy Hotel for you. You can take a rest first. I will have breakfast with you tomorrow morning and bring you the compiled information." John Green said politely.
Mo Bin couldn't help but feel a little surprised. Isn't Yingguo an arrogant and rude fool? How come you are so smart and are played like a fool by the Americans? Your status and wealth are gone. They are the descendants of your immigrants.
The once extremely glorious empire on which the sun never sets is now on its last legs. The Americans use every opportunity to deceive them and forcefully pull them down from the altar.
Just like Mo Bin's purpose is to find bankrupt nobles to take over their territories and titles. There are many of them at this stage. Where have all the former nobles gone?
With castles, manors and servants, elegant and polite, these are people's impressions of the British aristocracy.
The British aristocrats have always been the favorites of pretenders, but some people should have noticed that there are basically not many aristocrats left now, and there will be even fewer in the future.
There is a saying that the nobles took the lead and were wiped out during the First World War, but this is not the case. The reason why the nobles disappeared is actually-Americans and taxes.
In 1894, the Eagle Country passed an inheritance tax, which levied an 100% inheritance tax on those whose assets exceeded 8 million pounds. Later, it continued to increase, to 15%, 40%, 50%, and as high as 1939% in 60.
All kinds of taxes are becoming more and more fierce. The main business of the nobles is land. Now the country is staring at their land every day. Naturally, they are in extreme pain. They can't run away, and they can't pay taxes.
Moreover, every noble has a huge fixed expenditure. Servants need to be hired, castles need to be repaired, and various social activities are required. Now with more and more tax expenses added on, most nobles have become unable to make ends meet and have to sell their manors. Slaves were laid off, and the scale of the industry became smaller and smaller.
The most severe one is the inheritance tax. The property of most noble estates exists in the form of land. Every time a noble dies and the family's inheritance changes, a large number of properties will be sold to raise high inheritance taxes.
There is also the land tax that they rely on for survival, and the terrifying income tax. During the most tense period of World War II, the income tax rate reached a terrifying 97.5%, and the inheritance tax was as high as 65%. Many old nobles directly bankrupted.
This is related to the composition of their assets. Most of the assets are real estate, such as manors, farms, mines, and castles. You can't escape even if you want to. There are no tax havens, tax planning, or tax saving programs, so tax evasion is impossible. No one studies tax saving.
There are also some smart and eye-catching people who want to transfer assets and invest overseas. At this time, Americans appear.
Many aristocrats and financiers invested in the United States and prepared to continue to be parasites in the New World. Unexpectedly, the Americans played tricks on them. The Americans were very good at playing bonds. In the early days, they mainly used bond issuance to cut off the country's money.
How to cut the stupid Yingguo people's leeks? First find a concept to issue bonds at a low price, such as issuing bonds to build a railway, and then fry the bonds yourself. When the Yingguo people see the profit, they rush in to speculate together, and then the Americans Cashing out and leaving, the Eagle Nation couldn't find a taker and exploded.
After exploding, the bonds become useless paper, and the Americans recycle them, convert them into shares, hold them for a long time, engage in value investing, etc., and hold them for 180 years. When needed, these bonds can be used as collateral for loans.
Therefore, in the past years in the United States, there would be a major financial crisis every few years, and a large number of stocks fell into pieces. People all over the world thought that the United States was going to be in trouble, but as a result, the people of the Eagle Country died of poverty, especially its nobles and financiers. It was cut off by the Americans.
As the British government and the Americans continued to encroach on the nobles, the old nobles were also looking for a way to survive, but only a handful of them successfully transformed.
Everyone probably didn't expect that the nobles were worried about their livelihood at that time, and worried every day that the little bit of family wealth left by their ancestors would be completely lost.
This matter has become an entertainment topic among Eagle Country people. It is often reported that Baron So-and-so’s castle is rented to a porn company for filming and paying property taxes.
Most of the nobles have declined, and now they have become ordinary people, drunkards, bragging when drinking and picking up girls. Their families used to be prosperous, they had titles and family crests, and other times they join in the trouble with everyone else.
The Savoy Hotel is a long-established luxury hotel located on the banks of the Thames River with beautiful scenery and luxurious facilities. Mo Bin also enjoyed the high consumption of this era.
Early the next morning, John Green arrived in a suit and leather suit, and brought a black briefcase.
This guy is not simple. He is a top student who graduated from Cambridge. He is currently a senior investment advisor at Standard Chartered Bank. He is the younger brother of Smith Green. Mo Bin looks the same age and is half bald. How can you tell that he is 37 years old?
"David, let's first talk about your need for noble status. There are too many that meet the requirements. I have selected ten with relatively high-quality assets, ranging from earls to barons. You can take a look first." John Green handed it over. A stack of information.
"Okay John, let me study it first." Mo Bin took it.
I looked through them one by one and found that the prices varied, mainly related to fixed assets, land, and titles.
He pulled out a special piece of information from it, because from a certain perspective, it was not from the Eagle Country, but could only be said to be from the Eagle Federation, because this information was from the Isle of Man.
The fiefdom of Viscount Saul Douglas is located on the seaside in the southern suburbs of the capital Douglas. The 820-acre seaside land includes two hills, a century-old castle manor, 2.6 kilometers of private beach, a fishing pier, and the rest are cattle and sheep. , fishing boats, cars and so on.
"John, as far as I know, there should be no inheritance tax in the Isle of Man and the tax rate is relatively low. What's going on?" Mo Bin was very interested. Who is willing to pay taxes to John Bull?
John Green began to introduce in detail the Douglas family and the head of the family who wanted to sell off his ancestral assets.
The Douglas family is a long-established aristocracy. Its founder is a descendant of Ireland in the 17th century. Two world wars and the Irish folks who invested in North America have left the Douglas family with nothing but one alcoholic, Thor. Already drained by alcohol and women.
The only son died in Niuyue, which completely ruined Sol. The back cover completely lost management and relied on selling off assets. Although the Isle of Man has low taxes, it does not mean that there are no taxes. If it were not for an old man, The steward maintained it, and the current 820 acres were not left.
The asking price is not expensive, 100 million pounds, with a loan of 20 pounds, and the inheritance of the Douglas family, the title and family emblem, as well as all the employees of the fief.
Mo Bin thought about it and decided that he should just be a viscount. It didn't matter. What could he do with the money he saved? Moreover, the title of viscount of the Isle of Man was also granted by the Eagle Royal Family and would only be recognized by the British Commonwealth and the Western world.
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