Chapter 376: The So-Called Charity (Page 1/1)

I didn't fall asleep, and I was still in the mood to go to Broadway to see an opera "Cats" before going home to get ready to rest.

It's not appropriate to describe it as home, the hometown of Chinatown is considered a home, the mansion by the lake in Silicon Valley is also a home, and this mansion on Fifth Avenue is at best a place to rest for a night or two when you come to New York, and the property tax is paid in the name of the investment company, and a part of the tax can be reduced.

Recently, President George H.W. Bush advocated tax cuts for the rich, and many super-rich people in the United States have resisted it, and it seems that the tax reform has a lot to do with them, but in fact, there are more places for the rich to avoid taxes, even if the law stipulates that they have to pay 90 percent of the individual taxes, they will not be hurt in the slightest, and the daily expenses are bought in the name of the company, and they can still be deducted from taxes when they make money, so the taxes of the rich are actually lower than those of ordinary people.

Take Su Mu as an example, except for the first few years of business, he stupidly paid some personal income tax, in recent years, he has made more and more money, and the tax payment has become less, and the tax rate that companies such as OO and Bee need to pay remains at about 2.5 percent, they are registered in tax havens, and the California government has to pay some money backwards to count as subsidies to these companies.

Personal income tax, what really hurts those who are not able to avoid taxes is the middle and high class of the class, they are the main group that is forced to pay taxes, the amount of tax paid by Su Mu is not even as much as a small company with an annual income of tens of millions of dollars, this phenomenon is very normal in the United States, as long as Su Mu buys things in the name of the company, instead of putting money into his own account.

As a result, there is a strange phenomenon of middle and high-income people shouting tax cuts, but the real rich people oppose tax reform, and a similar truth also occurs in the field of charity, according to the regulations, charitable funds do not need to pay taxes, so many American billionaires donate their money, anyway, what they want to buy, what they want, can be done through charitable funds.

It is more like a trust fund left to children, and it can also maintain the longevity of his family to a certain extent, and the money used for charity is about equivalent to the money that needs to be taxed, which not only earns fame but also retains wealth.

This is how the tens of thousands of charitable trust organizations in the United States came about, some of them in the name of charity, but their own wealth is increasing, and the rich people themselves manage these "charitable organizations", and even the tax bureau can come to the door without making their accounts public.

Ordinary people don't know, Su Mu is clear, every time he sees the rich Americans proclaiming how much they don't love money, and they are dedicated to charity and public welfare, he can't help but want to complain, there are also rich people who really return their wealth to the society, but the number is not much, and one of the ten may not be able to pick out.

In addition to the reduction of personal income tax, the abolition of inheritance tax is also in the official plan, a group of rich people once again strongly opposed, in fact, they do not have to pay inheritance tax, most of them leave their wealth to their children and families in the form of charitable trust funds, where do they have to pay inheritance tax, they make a fuss, it can be regarded as cutting off the retreat of the middle class and some high yields, and finally it is called "for social responsibility", how shameless it can be imagined.

On the way back from the opera, Su Mu was negotiating with Lily about setting up a charitable trust fund, planning to donate all the about $7 billion in liquidity recovered from the sale of stocks to the charitable trust fund, and then invest it in the name of charity, using part of the profits for charity every year, and his wife and children are the beneficiaries of the charitable trust fund, and they can get a certain salary every year.

The house is located on Fifth Avenue, and in order to avoid noise, the windows are all thickened, and bulletproof glass technology is used, and the opposite side is full of buildings, which means that there is a possibility of being attacked, and after getting rich to this point, the most important thing to consider is security.

More than 10 million dollars were spent on renovation, and this former museum has completely changed inside and out.

After taking Lily to visit, Su Mu began to draw up a rough prenuptial property agreement, now the relationship is very good, it does not mean that it will be good in the coming years, Su Mu decided that if he divorced her one day, he would give her twenty percent of the wealth, this is best not to use, but if it is used, he will not regret it.

Early the next morning.

Lawyer Thompson, who has known him for many years, brought people over, and Lily also found a few lawyers from other law firms, and it was not troublesome to draw up a prenuptial property agreement, and it was quickly completed on the premise that there were no contradictions between the two parties, and the specific agreement could not be completed until the lawyers of the two law firms negotiated, which took about two or three days.

Su Mu chatted with lawyer Thompson and asked him, "I read in the newspaper that Pepsi recently fought a lawsuit with Coca-Cola, and the Pepsi company you represented lost the lawsuit?"

"It's all messy disputes, it's not surprising to lose, Pepsi thinks Coca-Cola stole its secret recipe, how can this kind of lawsuit win, they themselves don't have the certainty of winning, it's purely for promotion, disgusting Coca-Cola. ”

A few decades ago, Pepsi was just a small company, but now, the annual turnover has almost equaled that of Coca-Cola, and I happened to hear that Mr. Buffett paid attention to these two companies, and finally chose Coca-Cola to invest in Sumu, who strives to pursue asset diversification, and is also interested in them.

Coca-Cola has always been developing horizontally, focusing on the beverage business, although there are also investments in other industries such as the entertainment industry, but it is only an investment, and it has not affected the company's main business.

Recently, in order to better play the advantages of product structure, Pepsi will separate KFC and other catering companies and prepare to form an independent listed company, Yum Group, Sumu has the opportunity to invest in it, and it happens that he also has money to invest in it, so he asked casually.

The difference between new stocks and old stocks in the United States is that some old companies have stable profits, and it is unlikely that they will rise sharply, but they can get relatively stable returns every quarter, while new stocks may have high stock prices, but profits are not necessarily stable, and they need to be radically developed after the age of need, coupled with the fact that the Nasdaq market has been like a powder keg recently, Su Mu's attention has begun to shift to these old companies.

Lily went to talk to her lawyers, and Thompson's lawyer took the time to ask Su Mu, "Your fiancée agreed to sign like this?" I've seen many couples break up because of prenuptial property agreements, you can't lose such a good girl because of this kind of thing." ”

Su Mu has a lot of money, and it is normal to be suspicious, and sighed: "I didn't plan to sign it, she proposed it herself, and she has said it several times, anyway, there is no shortage of money, and it doesn't matter if you sign it......"

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