Hogwarts: I am the White Lord

Not a good thing?

Not so!

Sebastian grinned, then stretched out a finger and shook it gently.

"A healthy tax policy is actually beneficial to Swan Alchemy."

"Why? Do you earn too many Galleons?" Amelia curled her lips in disbelief.

"Senior, you may have forgotten one thing, that is, even without taxes, the amount of gold Galleons that Swann pays to the Ministry of Magic every year is not small."

"So, whether there is taxation or not actually makes no difference to Swann Alchemy. Moreover, according to calculations, under a reasonable taxation policy, Swann Alchemy will save a lot of gold galleons."

It turned out to be the case.

I almost forgot this!

Amelia nodded in realization, thinking about the workings of the Ministry of Magic.

Since ancient times, the Ministry of Magic has not had any finance or taxation departments. The daily operations of the Ministry of Magic and employee salaries have always been supported by donations from major pure-blood families.

It is for this reason that the Ministry of Magic indulges pure-blood families in various ways, and as long as the crime is not serious, they can be cleared of the charges by donating money.

After all, these pure-blood families are the breadwinners of the Ministry of Magic. As long as they can save face, the Ministry of Magic does not want to completely offend these guys.

"Sebastian," Amelia said, "Have you ever thought that successive Ministers of Magic have shown so much preferential treatment to pure-blood families in view of their donations?"

"Once it turns into taxes, these preferential treatments will be greatly reduced."

"To put it in a bigger picture, now you can even threaten the Ministry of Magic by saying that you will no longer donate. In this way, as long as your request is not too excessive, the Ministry of Magic will always agree to your request."

That's the truth!

Even if multiple pure-blood families threaten together, it is not impossible to replace the Minister of Magic.

But the theory only remains on paper, and it is not so easy to implement it in reality.

Sebastian smiled and shook his head.

Blackmail is never an acceptable means of dealing with a problem and can only be used as a tacit agreement.

Just like nuclear weapons among Muggles, everyone actually has means to restrain each other.

After all, the Ministry of Magic is the most violent organization in the British wizarding world, so it is not too difficult to find a reason to control these pure-blood families.

After all, as long as a pure-blood family is still doing business, no one can guarantee that their hands are clean.

Things like the smuggling of potions and alchemical materials are something that everyone is more or less involved in.

The Ministry of Magic usually turns a blind eye, and its crackdown on smuggling is only aimed at some individual freelancers.

The price is that as long as the pure-blood family is not completely impoverished and only lives on ancestral inheritance, they must donate honestly to the Ministry of Magic.

Otherwise, the Ministry of Magic would not mind settling scores later and doing something that would kill the goose that lays the golden eggs.

Swan Metallurgy belongs to the technical processing industry, and all profits come from the sale of finished products.

It does not involve the smuggling of raw materials, but based on the principle that everyone can make money together, this part of the profit is directly distributed to other cooperative families.

Therefore, for a clean enterprise like Swann's Alchemy, donating to the Ministry of Magic every year is just a waste of money. Not only do they get too little benefit, but they are also easily blamed.

If the Ministry of Magic employees fail to get their salaries due to their refusal to donate, they will not care who is right or wrong between Swann and the Ministry of Magic, and will only vent their anger on Swann.

By then, all media outlets only need to add a little fuel to the fire, saying that Swann Alchemy intends to use economic means to control the Ministry of Magic, and Swann Alchemy's reputation will easily be ruined.

There were so many reasons that Sebastian couldn't finish explaining them all at once, so he could only smile and say to Amelia.

"I would rather have Swan Alchemy be an excellent taxpayer rather than just donating money every day."

"After becoming an excellent taxpayer, I can make a big fuss about this and let the magic world know about Swann's contribution to alchemy. After all, for a company, fame and profit are equally important."

"As for the various invisible benefits, as long as I have enough friends in the Ministry of Magic, I will not be left out."

"Okay!" Amelia nodded thoughtfully, "As long as you think it through."

She didn't say anything more, but began to read the various tax clauses carefully.

She found that although Percy was young, the various tax items were set up extremely reasonably.

For example, corporate income tax, self-employed income tax, personal income tax, etc. In short, we need to implement a national tax plan.

Taking into account some low-income people, Percy also thoughtfully introduced a graduated tax system.

That is to say, as long as the income does not reach a certain standard, no fees need to be paid. The higher a person's income, the higher the tax paid.

In terms of personal income tax, Percy has specially divided different tax levels such as A, B, and C for different groups of people.

For example, married wizarding families with children pay the lowest tax rate.

Wizarding families without children pay the next highest rate of tax.

As for single wizards, they are at the bottom of the food chain and pay the highest tax rate.

After seeing this, Amelia's face darkened.

There was no way, she belonged to the last category of single wizards, and had no plans to get married in her life.

"Percy," Amelia asked solemnly, "Why are single wizards required to pay such high taxes?"

“Is this discrimination against single people?”

"As far as I know, there are quite a few single professors in Hogwarts. Do you want those professors to cause you trouble?"

"This..." Percy's smile froze on his face.

When he was writing this clause, he thought that he would be hated by many people, but for the sake of the wizarding world, he didn't care at all.

After all, his strength is not bad, and ordinary wizards do not pose any threat at all.

But he had completely forgotten the fact that almost all of the old professors at Hogwarts were single.

Percy's heart twitched when he thought of Professor McGonagall, Professor Flitwick, Professor Sprout and Professor Snape chasing him with gloomy faces because of their reduced income.

Before Percy could say anything, Sebastian took the initiative and took on the responsibility of explaining.

After all, the hat is too big and Percy may not be able to carry it.

"Amelia, don't worry. I actually learned this method from the German Muggles next door."

"The number of wizards is too small. This purpose is mainly to promote the growth of the wizard population."

There is no way. Wizards don't have a very high desire to have children. Looking around the wizarding world, there are free and easy single aristocrats everywhere.

This has resulted in the number of wizards never increasing.

However, for a population, population size is a prerequisite for development.

The head follows the butt. If Sebastian was just an ordinary single wizard, he would definitely be strongly opposed to this tax hierarchy.

However, when he reached a certain height and began to look at the entire wizarding world, he would naturally resolutely implement this system.

At the very least, for the sake of their own financial security, there will always be a group of single wizards willing to start a family.

Sebastian took the trouble to explain to Amelia the interests involved, and even used the German Muggle community as an example. It took him a lot of effort to make Amelia understand the ins and outs of it.

Considering the future of the wizarding world, Amelia quickly accepted this statement.

"For the wizarding world, universal taxation is indeed a very good policy." Amelia thought for a while and then said.

"However, the benefits are enormous. What will the taxes be used for?"

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