Chapter 409
"Zhang Sheng, the current computer is still too expensive, if the purchase is less, it is useless, but if the purchase is too much, the cost is too high, and many stock economists simply cannot afford to purchase computers."
Li Zhaofu said to Zhang Zhonghua a little depressed.
"It's true, and the current large-scale computer storage is also limited, if there is a few more years, the price of computers will drop significantly, and then a large number of computers can also be equipped, anyway, the Hong Kong Island Exchange is also like this, and when the new network is popularized, it will be good."
Zhang Zhonghua still agrees with Li Zhaofu's words, and thinks that Li Zhaofu is still more rational.
"Okay, let's talk about it in a few days. In recent years, integrated circuits in European and American countries have also developed greatly, and the price of computers should fall quickly.
By the way, aren't all networks dedicated to the financial sector? What are you talking about in the new network? ”
Li Zhaofu asked with some curiosity.
"Oh, it's something researched by the Ministry of Defense and some universities in Chouguo, called the Arpa network, which uses satellite communications, and I went to Chouguo before to be invited by them to adjust the adaptability of computer systems and software."
Li Zhaofu also listened to Zhang Zhonghua's words and nodded secretly. At the same time, he is more optimistic about Zhang Zhonghua, a young man.
"This Zhang Sheng is really from the mainland, I didn't expect his ability to be so strong, not to mention Hong Kong Island, those top computer experts in the ugly country are not as good as him, it's really terrifying."
Zhang Zhonghua and Li Zhaofu chatted for more than ten minutes, and then walked around, and also took a look at the employees of Yuhuang Securities, the Far East Exchange has also begun to trade stocks, and the entire exchange is still very lively.
Zhang Zhonghua saw a lot of traders wearing red vests running back and forth in the hall, and there were many red vests in front of the big blackboard who were looking at the quotations, and at the same time, the information on the big blackboard was constantly being modified, and the red vests handwrote the stock purchase and sale orders according to the information on the big blackboard.
Such a primitive way of trading from the establishment of the Amsterdam Stock Exchange in 1609 has now used more than 300 years of history, the current stock exchanges in the world's developed countries have abandoned this way, began to use computer technology for a few years, with the breakthrough of LED screen technology, the stock market should also be the first to use.
By that time, the prototype of the modern stock market should have been there.
"Ah Hua, our Lou Group has also bought a brokerage license, and we are also ready to enter the stock market to have fun."
Lou Zhenhua walked up to Zhang Zhonghua and said with a smile.
"Just have fun, the Hong Kong Island stock market will flourish in the future, and as long as you buy stocks, you will not lose money. But it's okay to have fun, don't treat it as the main business, let's let those financial talents do it, let's still focus on developing industry. ”
Zhang Zhonghua said indifferently.
"At present, the stock market over there in the ugly country continues to plummet, and I have recruited a lot of high-achieving students from Yanxia from there, so let them play."
Zhang Zhonghua glanced at Lou Zhenhua and secretly admired it, his Uncle Lou was really willing to pay to recruit talents, and they were all talents from famous universities, and they were worthy of being developed by the Lou family in that era of war and chaos, and they were called Lou Bancheng.
Moreover, the two heirs of the Lou family, that is, Lou Xiao'e's two elder brothers, are also very good, so that the Lou family will become the top family on Hong Kong Island sooner or later.
"This professional thing still has to be handed over to professional people, and Sister Xiao'e is also a professional now."
Zhang Zhonghua said with a smile.
"Haha, indeed, indeed! Now Xiao'e has really grown a lot, and people still have to go out to see the world more, and they ...... when they were in Sijiu City before. ”
Lou Zhenhua didn't say anything, at that time, in the courtyard of Sijiu City, Lou Xiao'e quarreled with Xu Damao all day long because of trivial matters, and she became a market shrew. Unexpectedly, after completing university on Hong Kong Island, he became a financial elite.
Lou Zhenhua is very relieved to think of his daughter, who has been studying at the New York Stock Exchange for a year and a half, and is reading various books every day, which is really different from when he was in Sijiu City before.
"Dad, how's your soccer team doing?"
Zhang Zhonghua asked curiously, not only Zhang Zhonghua wanted to engage in football, but Lou Zhenhua also had this idea, and even thought of buying a football team directly in Europe.
"Don't mention it, I went to Europe last month, and I originally wanted to go to Europe to buy a football team, but as soon as those ghosts heard that I was from Yanxia, they had no fun, and they didn't sell anything."
Lou Zhenhua said to Zhang Zhonghua with a wry smile.
"Alas, there is no way, after all, Hong Kong Island is still a colony, and the status of the Yanxia people is still very embarrassing, so cultivate it yourself."
Zhang Zhonghua couldn't help but complain in his heart, what do you always think about the rich colonies buying the team of the suzerain.
The British ghost old man even looks down on the ugly Chinese, let's not think about it, if his Jade Emperor Group wants to buy one, it is still a little possible, after all, he Zhang Zhonghua is still very good.
After staying at the exchange until the afternoon, Zhang Zhonghua returned to the villa.
The next day, Zhang Zhonghua sat in the office of the Jade Emperor Building and began to look at the financial statements submitted by various subsidiaries one by one, and the overall situation made her very satisfied, especially the proper windfall profits in the retail industry, which was faster than robbing banks.
At present, Carrefour supermarket, which is already a global retail giant, has more than 800 comprehensive stores, although it is not the first, but it is estimated that it is not too much worse to rank among the top three in the world, and the number of branches is also increasing, according to this expansion rate, sooner or later it will be the first in the world.
The supermarket has the highest profit in Dongying, with a gross profit of about 30%, and most of the densely populated goods in Dongying are imported, so the overall profit is also much higher;
In Europe, the labor cost and the operating cost of the supermarket are much higher than those in Dongying, and it is not long to talk about the relatively backward Southeast Asian region.
At the same time, the population density in Europe is relatively low, so the traffic of Carrefour in Europe cannot be compared with that of Asian countries, and the overall profit of supermarkets is also reduced, and the gross profit is only about 20%;
There are only more than 80 supermarkets in Southeast Asia, but the consumption level in Southeast Asia is relatively low, which seriously reduces the profits of Carrefour supermarkets in Southeast Asia.
The average profit per store of Carrefour supermarkets in the world is now only $50,000, but more than $35 million a day is quite good, and of course this is income before taxes.
The expansion of Carrefour supermarket all depends on the huge blood transfusion of the Dongying market, in addition to the funds consumed by the expansion, the remaining profits of the supermarket are also used to expand and improve the supply chain system, only Carrefour's related subsidiaries are as high as more than 50, the whole system is becoming larger.
CFC restaurants in the world are now as high as more than 6,000 stores, affected by the supply of raw materials in the past few years of development has begun to slow down, the restaurant's profits have also declined a lot, but the income is still very considerable, but in a few years the profits will still recover a lot.
Zhang Zhonghua looked at the cost analysis in the report, mainly because the labor in Europe is too high, there are too many holidays, and the taxes are too high.
Homemart convenience stores have reached 15,000 stores in the world, and many Carrefour supermarkets have been used to buy stores, but convenience stores sell fast-moving consumer goods, and the profits are much higher than those of Carrefour supermarkets.
Zhang Zhonghua then looked at the financial statements of other companies, and the profits were relatively not very high. Throughout the sixties and seventies, the retail industry was a period of profiteering, and the biggest cost was only the salary of employees, without the high investment in research and development in the semiconductor industry.
However, semiconductors are the industry of the future, and the profits of the retail industry will continue to decline in the future.
The number of employees under the Jade Emperor Group has also reached nearly one million, and with the increasing number of Carrefour supermarkets and CFC restaurants, the number of employees may soon exceed the one million mark, and millions of employees will not be a dream in a few decades.
As for the Jade Emperor Bank, there are now as many as 3 million depositors around the world, and of course a large part of them are employees of the Jade Emperor Group and the Lou Group.
Jade Emperor Bank also lent up to $2.5 billion to retail companies, which also provided sufficient ammunition for retail and made a huge contribution to the group's expansion.
"Boss, the profits of the publishing houses and software companies over there in the ugly country have come out, but the profits are a little too high, which leads to a relatively high amount of taxes to be paid at the end of the year."
Xin Xiaoling walked into the office with the information and said to Zhang Zhonghua.
"Well, the cost of these two companies is too low, there was a lot of expenditure on building the headquarters of Santa Clara last year, and it escaped the disaster of the ugly country's taxes, how much profit did the two companies make in the first half of the year?"
Zhang Zhonghua asked curiously.
"Boss, in the first half of the year, the royalties of the three textbooks of the publishing house were almost close to 100 million US dollars, the profits of "The Three-Body Problem" and "Redemption" in the first half of the year were also close to 30 million US dollars, and the profits of software companies also reached 40 million US dollars.
Because of the Annam War, the maximum marginal tax rate of personal income tax in the ugly country was adjusted from 70% to 77%, and the corporate income tax rate in the ugly country was adjusted from 48% to 52.8%. ”
Xin Xiaoling directly reported the answer to Zhang Zhonghua's question, and also reported the tax rate of the ugly country by the way.
"I'm X, this ugly country is too ruthless."
Zhang Zhonghua directly said that the quintessence of the country came out.
"Ugly Chinese people have marched every day in the past few years, not all because they don't want to fight, because the real reason is that the tax rate has been raised due to war.
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And the ugly country went to pay taxes a lot because of the war. In the First World War, the war expenditure of the ugly country expanded sharply, from the issuance of bonds to the increase of taxes, and the maximum marginal tax rate of personal income tax was adjusted from 7% to 77%;
During Roosevelt's New Deal, in response to the economic crisis, the top marginal rate of personal income tax was raised from 25% to 63%;
In World War II, the top marginal rate of personal income tax was also adjusted from 79% to 94%, which was the most ruthless;
During the Korean War, the top marginal rate of personal income tax was raised from 82% to 92%, and the corporate income tax rate was raised from 38% to 52%. ”
Listening to Xin Xiaoling's introduction, Zhang Zhonghua also understood that the ugly country often marched against the war, and the anti-war was against the high tax rate, and he really didn't pay attention to these situations.
The ugly country also reached the 90s when the world was peaceful, and all the tax rates were dropped sharply, no wonder the ugly people had all kinds of tax avoidance methods, all of which were forced by the ugly government.
Just like Bill Gates' promise to donate 95% of his wealth to the Gates Foundation after his death;
Zuckerberg and his wife, Priscilla, pledged to donate 99% of their couple's Facebook stock to charity;
Warren Buffett promised to donate directly after his death, leaving only some living expenses for his children.
Do you really think that the rich people of ugly countries are so keen on charity?
Of course, it's not as simple as Gao Fengliang doing charity, to put it bluntly, in the context of the ugly country system, donating money to the foundation is the best way to avoid various taxes and inheritance taxes.
In 1916, the country began to levy a total inheritance tax, which was initially as high as 40%;
Eight years later, the tax rate was raised to 50% to prevent someone from turning the inheritance into a living gift.
In other words, once the rich man of the ugly country leaves all his net worth to future generations in the form of an inheritance, all the property will be immediately taken by the government of the ugly country.
But there is a situation, that is, the fixed assets of a company are much higher than the pure assets, and the money on the books cannot be used to pay inheritance tax, and many wealthy people's property other than the shares is simply not enough to pay taxes, and selling the company's shares means weakening the control of the company, which is absolutely unacceptable to them.
At the same time, in the ugly country, donations are tax-free, and the inheritance that was originally cut off by half and transferred to the foundation can be transferred to the foundation, which can be used to avoid the inheritance tax perfectly.
Moreover, the internal charter of private foundations in Western countries is completely set by the founder, and the wealthy donors can appoint their sons and daughters as the presidents of the foundations.
In this way, all the flow of money is still in the hands of the family, and outsiders have no right to interfere, although it does not belong to them in name, but in fact it is still in their own hands.
After the establishment of a private foundation, according to the law of the ugly country, the foundation only needs to allocate 5% of its assets to charity-related activities every year.
The high salaries offered by the rich people of the ugly country who bring all their children and grandchildren to work at the foundation, including public relations expenses under various names, and the expenses of eating, drinking and having fun, can all be paid by the foundation.
Of course, this kind of tax evasion is not completely tax avoidance, and if the foundation does not make money, the foundation can go out of business in less than 20 years.
Setting up a fund is nothing more than the difference between paying the inheritance tax in a lump sum and paying the inheritance tax in installments, and if the company stops, it is a matter of time before the company disappears.
Of course, such an obvious trick of tax evasion and tax avoidance is also clear to the government of the ugly country, but the ugly country also has its own calculations.
The ugly country is a country of immigrants, and if the tax on the inheritance of the rich is too heavy, investment and immigration will be greatly reduced, resulting in capital flight, and at the same time, it is also a compromise and concession to the ugly country consortium.
On the contrary, the establishment of the foundation can make these funds subject to the jurisdiction and control of the ugly country, and it is difficult to move abroad, and the huge wealth accumulated in them will become the economic basis for the development of the country.