American Fortune Life

Chapter 1733 There is always no shortage of solutions

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In fact, whether or not the tax on the rich should be levied is a topic in many countries that are in the financial crisis and are plagued by deficits.

The original purpose of imposing a wealth tax was to reduce the debt deficit. But in fact, even if the "rich tax" is really implemented, the taxes that may be received are really a drop in the bucket for the billions of deficits in various countries or states.

Taxes on the rich have long been regarded as a policy tool for countries to adjust income and wealth distribution and address the disparity between the rich and the poor. Therefore, New York State is not the first region to attack the rich.

It's just whether it can pass, even if it passes, whether it can persist is still unknown.

After all, over the years, there are not a few countries that have tried to tax the rich. However, few countries actually do this.

The main reason is that excessive taxation will trigger an unstoppable frenzy of immigration from the rich, and the direct result is the loss of social wealth and the shrinking of the tax base. To be honest, imposing a "rich tax" is actually "drinking poison to quench thirst". In the long run, it will inevitably have a negative impact on the introduction of external investment and the long-term development of enterprises.

Looking at why so many rich people go to the UK, we can clearly understand the choices of the rich.

However, one thing will not change, that is, the rich will always be the target of taxation in various countries.

In fact, in Andy's view, whether or not to levy a tax on the rich is really not that important, and it doesn't matter who owns the wealth. More efficient use of capital is the key.

Wouldn't it be better for a super rich man to use the huge amount of wealth in his hands to continuously grow his company, create more jobs, and make more people earn money?

Especially those rich people who rely on the development of the real economy or high-tech rich people are very respectable. As for building houses, hehe. . .

Of course, with regard to New York State's tax on the rich, the rich in the United States will not obediently let the money they have worked hard for half their lives be handed over to the U.S. government like this. The "old drivers" who have worked hard for half their lives in the capital market will not do this Silly, there are endless ways to avoid taxation.

For example, Warren Buffett has told investors in public more than once to select a stock and hold it for a long time. This is not only his investment strategy, but also his tax avoidance method. Buffett paid a total of $1.85 million in federal income taxes last year. Some people wonder how, as the world's top rich man, it is possible to pay so little tax a year. The secret is to own stocks.

According to US law, if you hold stocks for more than one year, as long as you don't cash out, you don't charge any tax on the investment principal and profits.

If you cash out, low- and middle-income people are completely exempt from taxes, and the tax rate for the top richest people does not exceed 20%. Compared with the highest personal tax of 43.4%, it has more than doubled. Therefore, long-term ticket holding is not only a manifestation of value investment, but also a magic weapon for tax avoidance.

Therefore, Andy spent so much money buying bottoms in U.S. stocks this time, not only for buying bottoms, but also for tax avoidance.

Not to mention other mainstream methods of tax avoidance such as charitable donations and offshore companies, and various tax avoidance methods commonly used by rich people.

Of course, there is also a risky tax avoidance method, which is to lie about income. Since the US Internal Revenue Service only audits 1% of the country’s tax returns every year, it is entirely possible to successfully avoid tax by doing this. The worst case is to pay taxes on time. As for this trick, Andy's father-in-law-to-be is the most popular. He has been doing this for more than ten years, and it can give him at least 50 million dollars in tax avoidance every year.

In fact, the line between legal tax avoidance and illegal tax evasion is often blurred. American courts or the IRS itself are very familiar with various means of tax avoidance. amount of tax.

This is also the main reason why rich Americans, including Andy, spend money to support a team of tax lawyers.

Whether it is the wealth tax or other taxes, it does not pose too much trouble to Andy, so, although in the next few days, the matter of New York State's taxation of the rich has aroused discussions and attention across the United States. , but Andy's main focus is still on arranging for a series of jobs after he leaves the United States.

As the chairman of the three listed companies of Qualcomm, Starbucks and Gales Apparel, Andy can no longer be as willful as before. Although now, he will not always sit in one of the companies, but he will appear every week. Once, he presided over the meeting. After all, for these three companies, Andy Smith is not the absolute controlling shareholder, and there is still a risk of losing power.

Some time ago, Andy took advantage of the opportunity to buy back US stocks, and carried out a large-scale stock repurchase of these three companies in an aboveboard manner, increasing his shareholding ratio again, especially his control over Starbucks became more and more solid.

However, because the stock price of Qualcomm has been performing well after he took over, although it has acquired a lot in the secondary market, it still cannot occupy the absolute right to speak, and it still needs to win over some institutional shareholders to cooperate and seek their cooperation. support.

Andy really wants to get rid of this constraint, and Alvetrie has been privately making high-priced acquisitions of shares in the hands of some institutional shareholders. Therefore, it is only a matter of time for Andy to fully control Qualcomm. After all, Many institutional shareholders will give up long-term investment for short-term high returns.

So, after a few days, Andy was really busy. By the time he made all the arrangements and boarded the plane to Hawaii, it was already the morning of April 3.

"Sorry, honey, I've already flown to Hawaii, so I can't accompany you to attend the 44th American Country Music Awards... Well, don't be unhappy, you'd better come to Hawaii for vacation after attending the awards ceremony, Take a break, you have been too tired recently."

On the plane, Andy smiled and coaxed Taylor Swift, who was a little unhappy on the phone, and said with concern.

"It's really tiring, you're disgusting, it's okay, you came to Australia to participate in my "Fearless" tour, and you let me go again..." As he spoke, Taylor condemned again on the phone.

"Sorry, sorry, dear, you know, I have big things to do, but that night you wore a golden dress and sparkled the whole of Sydney, it was really great, I'm really proud of you." Andy smiled and said good things, coaxing her.

"Hmph! If you lie to me next time, I will never forgive you!" During the phone call, Taylor's tone also became a little happy.

"By the way, do you like the gift I gave you?" Andy smiled.

"Hehe, thank you Andy, I like it very much, but will there really be a box office?" Speaking of this, Taylor on the other end of the phone was also very happy, because Andy filmed her "Fearless" tour into However, Taylor is a little worried about the box office. After all, if the box office is too bad, it will be embarrassing.

"Don't worry, your fans will buy it very much. Your appearance will undoubtedly bring the country music that has been quiet for many years into a dynamic world. Because of you, country music will appeal to fans outside the United States more than before. , the favor of fans in the city, this is already a fait accompli. My dear, you have to believe me, you may even exceed the box office of many movies, you must know that everything is possible!" Andy knows how big the fan economy market is, and the tour Make money once, make money again with discipline films, and make another one when you release collector's edition blu-ray DVDs.

"Andy, to be honest, I am really grateful to my fans for their love and support." Taylor thought of the popularity she received during the tour, and she cherished those fans sincerely.

"Hehe, then treat them better. When the documentary is released, you can visit a few more theaters and give them some big surprises." Andy laughed.

"Great idea, great..."

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