"Xianggong Su, Teacher Su, don't you want to ask for your life for the people? How could the imperial court build hospitals and relief systems without money? As long as you hand over this proposal for the reform of the tax sharing system, the three divisions will be able to get 30 million yuan of surplus income within a year, whether it is to repair hospitals or relief centers in need, the money is enough. Zhao Shouzhong tempted Su Shi, who was in charge of the household department.

"There will never be much money, the court's decision on the distribution of the proceeds of the recently obtained treasury bonds has just been decided, and our income and expenditure have almost doubled in the five years of Yuanyou, so it is a big trouble to spend so much newly collected money. The data on the local debt statistics are not optimistic, the tax revenue is generally decreasing, and now the tax revenue of the three divisions is basically the same as in the past, although some time ago the local tax rights were overcharged by 10 million yuan, but next year's annual income may drop a lot, and although the income of the tens of millions of national bonds that suddenly exceeded tens of millions of yuan does not need to be returned in recent years, the interest is not a small number.

In other words, the future income is expected to fall, and if the expenditure is not well controlled, there will be a serious deficit, and the surplus during the Shenzong period will be exhausted. If it's serious, the money in the vault will have to be used. This is a major event that shakes the foundation of the country! I can't just make a decision, you're making me think about it for a few days. ”

After listening to this, Zhao Shouzhong considered that he couldn't press too hard, and it would not be good if it backfired, "It should be a month to think clearly." I will first go back and improve some of the work plans that will follow, and after the accounts of the three divisions are clear, I will explain some of the benefits of the tax sharing system to Liu Zhi and Liu Xianggong's mansion, and I think we will not encounter any resistance. ”

Zhao Shouzhong took his leave after thinking clearly.

"Isn't it too radical this time, why do you want to carry out the reform of the tax-sharing system so quickly after the introduction of the national debt?" Liu Xin asked Zhao Shouzhong.

"That's not what I meant! The boss said that deepening the antagonism between the central and local governments in the Great Song Dynasty and giving the central government the illusion that the money is running out can advance our plan faster. According to the schedule, we will thoroughly improve the tax system of the Great Song Empire next year and control the entire financial lifeline. Zhao Shouzhong explained.

"Su Shi is still an understanding person. The conservative thinking of fiscal revenue and expenditure within the limits of income and expenditure can still avoid the government's bankruptcy crisis by guiding their policy formulation habits, and we want to let them see the most advanced fiscal and taxation policies, monetary policies, and investment policies in the future, subvert their habits, and speed up the formation of crises. As long as we manage to hide this crisis under the surface of prosperity and double high growth, we can create the biggest crisis in the history of classical economics within a decade. Completely destroy the credibility of the government of the Great Song Empire and seize the supreme power. Chen Guanxian returned to Bianjing immediately after completing the appointment and dismissal of all the company's senior executives in Xinjing County, and was busy convincing the high-ranking officials of the Great Song Empire.

"Double high growth is easy to achieve, and as long as we achieve an 80% surplus, there is no reason for the top management to feel that there is a risk of financial crisis or bankruptcy. In fact, these surpluses are rootless trees and sourceless water, and as long as we start a crisis, all surpluses will disappear in the crisis. The highly leveraged central government will immediately go bankrupt. At that time, we will be the emperor who holds all the economic power. Lee Ki arrogantly stated that the key to the plan was to paralyze policymakers with surpluses.

"The central fiscal surplus and the local fiscal deficit are the result of the tax-sharing system, and when we launch a crisis and liquidate the government debt, the local government will have the money to repay the debt or continue to issue new bonds to replace the old debt, and the central government will have no money to repay it, and the new debt issued will not be sold, and there will be a great reversal of the local fiscal surplus and the bankruptcy of the central government." Chen Guanxian said that it is very simple to bankrupt the government, as long as the scale is large enough and the strength is strong enough, anyone can bankrupt the government.

"Why can local government bonds be exchanged for old ones, but central government bonds cannot?" Liu Jiao asked a key.

"Because the local investment is in profitable agricultural and industrial industries, interest and various expenses can be paid, and the market votes with its feet, which is very recognized, so it can smoothly replace the old with the new. The central government's investment is in the public service sector where there is not much output, and it cannot pay interest, and when the time comes, the tax revenue will not be collected, so it can only rely on the interest paid from the surplus of the local government, and if the local government does not pay the money, the central government will go bankrupt. The tax-sharing system is only a catalyst for financial bankruptcy, and whether the reaction can be ended depends on the choice of the imperial court at the moment of crisis. Chen Guanxian explained very clearly.

"Do you think it is very likely that the central government will use the military to forcibly collect taxes or repay debts?" Chen Guanxian turned to military expert Wang Xinyu and asked.

"Huge! History tells us that force is the last resort of all ruling classes, but it is not the only means, and that if we want to have the same rights as the Rothschilds, we need to have the same circumstances. Achieving financial hegemony requires a very peaceful external environment, whether this untrustworthy environment is the result of the self-control of the ruling class or international pressure. Therefore, we must be prepared with two hands: on the one hand, we must obtain strong financial resources to control finance, and on the other hand, we must have sufficient military strength to protect ourselves.

Roche's fortune benefited from the balance of power and internal struggles in Europe, and it was easy for Roche to keep his wealth with the help of strength, and no nobleman or government dared to directly attack Roche's speculation. Countless merchants and indebted aristocrats had to choose to support Roche in order to continue to play in that chaotic and orderly market. The balance of power in Europe is the only reason why speculators have a chance to ascend. But in China, where the emperor is not a one-dimensional society, there is basically no way out for speculators. The era we are living in now is the best era after the Qin Empire, the era when force is most restricted, but this era is still a non-capitalist era of absolute monarchy, and gold power is only an appendage of monarchy; In order to subordinate the monarchy to the golden power, it is necessary to remove the biggest pillar supporting the monarchy---- military power.

How? Very simply, if we carry out a Fangla uprising in advance, our people will be able to master local armed forces similar to the Huai Army, the Hunan Army, and the Beiyang New Army in later generations, and the Eight Banners Green Battalion of the Qing Dynasty is like the forbidden army and box soldiers of the Great Song Dynasty, with low combat effectiveness. If we want to fight them, we need to get an army like the Beiyang New Army, and the entry point and excuse is to suppress the peasant uprising, which is very difficult to govern. ”

"You want to take control of the military and want to go crazy? What if the uncontrollable civil war breaks the mountains and rivers? I'm not opposed to supporting warlords or local armed forces, but I don't want to be a fat sheep like Hu Xueyan. It is more cost-effective to choose a foreign war. Now is not the time, in a few years our bases in the northwest and southeast will have more than 100,000 troops, and then talk about curbing the imperial court's attempt to use force to ensure that the bankruptcy crisis is over! Li Ji immediately shouted to stop, saying that he could not expose his ambition and strength too early.