Chapter 1007: Speech
These shareholders of the Big Seven began to quietly trample on some of the rules left by Doolin, and their purpose was to complete the equity integration of the seven casinos without Doolin knowing.
In order to resist the infiltration of Otis City by large conglomerates, Durin formulated the entire game system of Otis City with the two rules of tokens and cross-shareholdings as the core. Among them, the core system of tokens is controlled by himself, which is equivalent to him choking the necks of the seven major casinos in Otis City and leaving measures to deal with it.
Another rule of cross-shareholding is to completely break up the shares of the seven major casinos and distribute them to individuals, and then cross-sharehold again.
Purely statistically, each casino has at least three shareholders for every 2.5 percent of its shares...... This is a frightening number, but it is also very effective in resisting the capital invasion of the city of Otis by the consortium forces. If they want to take a stake in any casino, then there are dozens, hundreds, or even more people involved. As long as there is one person in the group who is not of the same mind as them, it will be difficult to complete the acquisition plan.
It wasn't a clever trick, but it worked, especially in the early days of execution, when Doolin was still in the city of Otis and the shareholders were strictly enforcing Doolin's standards. Privately, those consortia and capital forces contacted them, but they gave up after learning about the cross-shareholding system.
They couldn't get rid of Doolin's countermeasures and hold the casino shares in their hands without alarming Doolin, because they couldn't convince everyone to turn to them. Maybe two of those 2.5 percent of the stake are towards them, but one person doesn't, and they have to give up the 2.5 percent stake to find the next one. They may be able to find shareholders who are willing to sell their shares, but there is a good chance that they will only get a fraction of the shares that are almost worthless.
These two systems ensure that the city of Otis will always follow the standards of Doolin and not run off the tracks, so some people say that Dooileen is the real ruler of the city of Odis, the "king" here.
In the post-Dourean era after Doolin's departure, his influence on Otis City inevitably diminished, how could these shareholders who pursued profit maximization sit still?
You know, casino taxes are at 90 percent, which is simply terrifying!
One percent of the remaining profits will be stripped by Duhring, and this one percent is still pure profits, because the remaining profits will be deducted from various operating costs and various damage expenses, and of course, enough net profits will be left for shareholders to use.
But that's not enough!
They create mountains of gold every month, and in the end they only leave them a few gold bricks, they will not be satisfied, they also want to get more profits, after all, the empire tax always takes away, it is the wealth they created, it originally belonged to them, and their blood flowed.
Some unwilling shareholders are planning to trample on the existing rules and change the gameplay of Otis City, so the first thing they need to face is Doolin's two steel forks.
They chose a breakthrough direction - they had to destroy one first, and they chose the cross-shareholding.
The biggest problem they face at this stage is that they can't integrate the resources of the seven casinos and give full play to their true power as shareholders, which is why Dulin can leave with confidence. As long as there are people who choose to wait and see, they have no way to unify, and the only way to change all this is to let a person or a company hold more than 53% of the shares, so as to tear down the barriers left by Duhrin with absolute control and advantage.
There was a lot more of an exchange of interests involved, and they made a decision to use a third-party holding company to own more than 53 percent of the seven major shares, and then use the company as a way to talk to the city hall of Otis to change the status quo.
The idea is very good, if it weren't for the accountant jumping off the building, maybe they would have really completed the integration of equity in a covert way, but now, there is some trouble.
Because there's a good chance that Doolin has been paying attention to this.
Not to mention that these people started wiping the ass of the damn and dead son of a bitch, and three days later, Maggs suddenly gave a public speech.
He talked about the current prosperity of the country from the empire to the new era, like a summary speech about the thirty years that was about to enter the new era, and at the end of the speech, he suddenly talked about the issue of taxation.
"Five years ago, the Empire's annual revenue was less than a billion dollars, of which less than a quarter was tax. In some special years, our empire's tax revenue was less than 100,000,000 dollars! I'm not sure what happened to why some cities in the empire paid less than 100,000 yuan a year in taxes. ”
Facing the silent audience, Maggs smiled, as if he had always maintained the demeanor, the smile was very relaxed, very simple, not so complicated, "The empire has entered a period of rapid development, our infrastructure and economic construction are speeding on a surprising road, but our financial revenue is limiting the development speed of the entire empire. I have here a table, a table of the 10-year period of Imperial Revenues and Federal Revenues, and it is clear that we are far behind the revenues of the Commonwealth, without much elaborate calculation. ”
"What is restricting the growth of our fiscal revenues, even today, the Federation, which experienced the financial tsunami and the defeat of the war and entered the Great Depression, is actually only a little behind us in terms of fiscal revenue. He pressed his hands on both sides of the podium, and his upright posture made the old man emerge with a magical power and temperament, "It's taxes!"
Unmoved by the uproar of the audience, Maggs said, "From day one, I have had a belief that the Empire will be the greatest country in the world, and that all citizens will be able to truly feel the pride and honor of being part of the world's most powerful nation." ”
"We have changed the decadent and backward political system of the past, we have reformed the system of the military bloc, we have made great changes to the economic model of the whole society, we have activated the power of the free market, we have made many, many changes so that the country is constantly moving towards the goal that all of us want. ”
"However, the reform is not over, and there are still many things that need to be changed. In the new era, too many rotten things can no longer keep up with the pace of the times, we have never imagined that one day the whole world will be so closely connected, we have never imagined that we only need a thread to be able to communicate with people thousands of miles away. The reform of the system, military, science and technology, and culture, including many aspects, has enabled us to achieve today's results, and the fruitful results also mean that our initial idea is correct!"
"We never stopped on the road to victory, and nothing stopped us from taking it, including taxes!"
A speech that shook the entire empire!
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