“…… Taxation should also be economical. The economic or non-economic rate of taxation usually refers to the administrative aspect. If the levy of a tax requires the establishment of a specialized department, and the cost of setting up an administrative organ is very large, and the tax collected thereafter is not sufficient to cover the huge amount of founding expenses, then the levy of this tax is extremely uneconomical. Well, this kind of tax is very rare, but it is not uncommon in ancient times for the income of a certain tax to be only slightly overwhelmed by the fee levied. Since the beginning of the Ming Dynasty, many exorbitant taxes and miscellaneous taxes, in addition to a little to replenish the state treasury, most of them have been collected by corrupt officials and officials who levy taxes, which has caused great harm to the country as a whole, and the people have suffered unspeakably, and eventually caused the disaster of overturning. In Huang Hanhua's office, the conversation between the two continues.

"When a new tax is introduced, it depends on whether it can be implemented. There are those who are extremely fair in theory and have difficulties in implementing them. All kinds of taxes, the desire is completely easy and unhindered, which is very rare. Therefore, when it is adopted, it should be considered large. Even if a tax is applicable to its maximum extent, and if it is not feasible, it is limited to a small part, the State may adopt it. At the time of adoption, the principle of its difficulties should be slightly easier, so that the amount of loss is not in the taxpayer but in the state, and it is not harmed by the principle of fairness. For example, the tax of the peasants in this dynasty is limited to the fields, and the income from their personal agricultural work is not allowed to be paid because it cannot be determined and the levy fee is high. If it is similar to the former Ming court, there are many exacting taxes and miscellaneous taxes, and the tax collectors are as fierce as tigers, urging taxes very urgently, and it is normal for the people to riot. ”

Kong Dahui was still talking, but the waiters rushed in under the guidance of the secretary and brought a simple meal for today's work. Of course, it is said to be a simple meal, but it can be respected by Vice Minister Huang Hanhua, and naturally it will not be "simple". Steamed hake, braised white shrimp, grilled veal steak, clam tofu soup, stir-fried vegetables, plus a tomato and egg soup are indeed relatively simple for Huang, and belong to the nature of a working lunch, but for ordinary civil servants and countless salaried people on the street outside the window, it is not that they can't afford to eat, but they can't eat it every day.

For them, the white shrimp imported from the Quito Quito Court of Justice, the hake off the coast of the Namib Desert, the tender veal of La Plata, and the famous Chilean dish of clam and tofu soup are all dishes that are only bought in the market during festivals.

Some people may complain about the huge administrative expenses of the East Coast government, such as eating and drinking. Not to mention this kind of "light meal", which is not cheap, there is a wine cabinet in the office of every official of the certain level, and various drinks such as red wine, white wine, and beer are served to coffee and tea, and the quality is extremely high. Moreover, many smokers (arguably the majority) also receive monthly imports of fine Virginia tobacco from North America, and it can be said that most of the things that can be found on the market are available except for the absence of opium.

The reason for this may be related to the fact that the middle and high-level officials of the East Coast government, especially the central ministries and commissions, are generally from the families of the founders, and are born wealthy, accustomed to a high-quality and hedonistic life. Such a person, if you let him eat potatoes and eat salted fish, it is indeed a little unlikely, and they are even willing to pay for all kinds of food, tobacco, alcohol and tea, and are not willing to reduce their quality of life, this is the reality.

Kong Dahui is Huang Hanhua's confidant, and the two worked together when they were in Guangzhou, so after his proprietor was promoted, he also rose to the top, and now he is a deputy bureau-level cadre, I don't know how many people are envious. Not to mention, Huang Hanhua is now very likely to succeed Wang Yan, who spends more time in the nursing home than the office in a year, as a member in charge of the financial system, the tax system and the State Administration of Precious Metals.

Therefore, Deputy Director Kong is now also a small celebrity in the ministry, even some officials whose ancestors were founders are more polite to him, and there are not a few who call him brothers, so his daily use and enjoyment are also difficult for ordinary people to achieve. Eating a "light meal" at noon, opening a bottle of good wine, and drinking some fragrant tea after a meal is indeed nothing and commonplace.

Of course, he sometimes sighs. In the pre-Ming Dynasty, Guangdong was also a wealthy province, with developed trade and prosperous commerce, but in addition to some high-ranking and powerful people, there were also a few dishes like this East Coast official who could pick up with chopsticks, such as spices from the South Seas, condiments from Persia, pepper from India, and other things from far away? The emperor of the Ming Dynasty liked to say that I was rich all over the world, but this was not true in Kong Dahui's view, and the rulers on the east coast were really rich all over the world.

Kong Dahui is old in practice, and proposed a tax similar to the capital gains tax in later generations, that is, the behavior of investing in stocks and bonds is taxed, and not only dividends and dividends must be taxed, but also profits from the price difference between buying and selling stocks must be taxed. To put it bluntly, this is to tax the increasingly prosperous financial industry in the two major markets of Qingdao and West Lake to enrich the national treasury.

In fact, the taxation of profits from investment in securities and bonds has actually been levied in the individual income tax. Of course, this is only theoretical, in fact, due to various reasons, such as statistical difficulties and other factors, it is difficult to collect taxes in practice, and the situation of concealment and omission is extremely common, and the state loses a large amount of tax revenue in vain.

This time, Kong Dahui proposed that it should be listed separately and collected separately, and that the industrial and commercial department should cooperate, such as forcing all equity changes to report detailed transaction information, and the tax department should conduct an assessment to determine the actual amount of taxation. If there is no equity transaction registered with the industrial and commercial department and the information submitted, the state will not recognize it, and it will not be protected by law in the event of disputes in the future.

To tell the truth, this tax is actually still a bit sensitive, at least it is a looting of people's money, and at worst it is a suppression of industrial and commercial development, so it is necessary to reduce the tax rate very low so that it can be implemented. In addition, considering that the most frequent investment enterprises in the East Coast Republic are undoubtedly the well-known East Coast companies, and since its establishment, it has made an unknown number of profits through the acquisition and withdrawal of shares. If you do that, you really have to think about the consequences.

However, the benefits of this tax are also very clear. Due to the rapid economic development and prosperity of industry and commerce on the east coast, the transaction behavior of enterprises transferring and transferring part of their equity is still very common, and the total amount is very high. Even if you only set a very low tax rate, it will be a lot of income overall. Moreover, Huang Hanhua also pondered whether the scope of capital gains tax could be further expanded, not only the profits from stock trading, dividends, and bond dividends could be taxed, but also the profits from the sale of houses and land (mainly commercial land, agricultural land has a ceiling of 30 acres, so there is almost no trading between private individuals) can also be taxed, so that the tax that can be levied will be further expanded.

In addition to this, capital gains tax has the practical benefit of making up for the shortfall in the chattel tax that is being discussed for abolition. As we all know, the chattel tax has been levied on the East Coast for many years, but it has a very bad reputation, and many people call it a money grab, which is really a bad government within a bad government. Even many members of the Founders' Council have gritted their teeth at it, and it must be abolished as soon as possible, so this tax is estimated to be collected for a few years, and new sources of tax must be found to make up for it.

Wong Hon-wah is generally positive about the addition of this tax. In fact, he still wanted to do something, but considering the sensitivity of this tax, he was a little hesitant, he was afraid that he would be hated by many people, which would affect his career. However, perhaps the abolition of the chattel tax will save the upper class's opinion of him, and it depends on how it is done, after all, the chattel tax is too dark, and even if the dignitaries and wealthy businessmen try to conceal and underreport, they will still be charged a lot, so they will definitely cheer if it can be abolished.

In addition to this, Kong also proposed to impose personal income tax on foreigners working on the East Coast. And in order to reduce the impact of this tax in discouraging immigration, Kong also proposed a "hardship income deduction". All in all, Deputy Director Kong suggested: 1. East coasters who have worked abroad for more than one year still have the obligation to pay taxes; (2) Foreigners who have resided on the East Coast for at least six months and are in a proper position shall also be subject to the tax; Third, the individual income tax collected for foreigners is divided into two types: income from hard work and income from property, and the income from hard work is caused by personal labor, and there is a reduction or exemption, ranging from 20% to the whole reduction, depending on the nature of their work, but the maximum shall not exceed 200 yuan, which is basically a green light for the vast number of non-national labor groups.

The last of the above three articles will be extended to all East Coast citizens in the future, that is, a part of the personal income tax will be waived for those who earn income from honest work, so as to better encourage people to create wealth through labor, rather than relying on property income (such as rent, etc.) to sit back and enjoy it. This article, in fact, can also improve his Huang Hanhua's popularity, and he is also quite tempted, but it is not suitable to be implemented in the near future, so let's talk about it later.

All in all, with the country's socio-economic development to a certain extent, it is indeed time for the East Coast's tax system to be reformed again. Considering that the situation is turbulent at home and abroad, the situation is unpredictable, and there are many places to spend money, so how to change it is still very testing, and Huang Hanhua has to find someone to carefully sum it up.