I bought an island in the Pacific and founded a country, which caused a sensation all over the world

Soon, the personal tax plan was drafted.

The starting point for personal income tax is 5,000 yuan, and the rate is 3% for those with an annual income of more than 60,000 yuan and less than 100,000 yuan.

100,000 to 200,000 is 7%, and so on, divided into seven levels.

The higher the income, the higher the tax rate.

Next is the tax laws for self-employed individuals and companies.

When it comes to doing business, Chen Yang’s policies are quite strict and strictly follow the standards of developed countries.

His core philosophy is that the more you earn, the more you pay, which is a bit like robbing the rich and giving to the poor.

The early distribution system will have a profound impact in the later stage. This move is mainly to try to smooth the gap between the rich and the poor.

As for this distribution system, if it is not implemented in the early stage, it will be almost impossible to change it in the later stage.

So although Chen Yang understands that high tax rates will bring about serious problems, such as foreign investment being afraid to come, some companies will not consider Yan Guo in their assembly and manufacturing processes.

But these are not within Chen Yang’s consideration at all.

If any company has a choice, it will definitely give priority to moving manufacturing to countries with low labor costs.

Even if the tax rate is higher than in your home country���But the low cost of labor is enough to close the gap and even make some money.

But Chen Yang never considered introducing foreign investment in the manufacturing process from the beginning. In other words, you can come, but whether you can accept the high labor costs is your business.

Low labor costs will only widen the gap between rich and poor and cause social conflicts.

In his blueprint for founding the country, the real primary industry is not manufacturing or labor-intensive industries, but independent innovation.

In the early stage, whether it was a furniture factory or agriculture and fishery, it was just to boost the population.

After the furniture factory was built, he could have introduced foreign capital to take over, but he did not do so. Instead, he opened a furniture factory in the name of Yan Guo.

Yanguo’s own furniture factory, although it is also a manufacturing company, can provide more benefits and higher treatment to its employees.

As Yanguo’s economy continues to grow, ordinary workers can also enjoy the benefits brought by economic growth.

This is not to say that there are no low-end manufacturing industries in developed countries, of course there are, but the profits are not as high as building factories abroad.

This is why many people envy blue-collar workers in developed countries.

They are also workers engaged in manual labor, but the life of blue-collar workers in developed countries is more dignified.

They have weekends off, enough national holidays, complete social welfare, enough to support their families and a stable income, so the company does not dare to fire them at will.

Same job, but they’re just better off.

This is Chen Yang’s plan for Yancheng Furniture Factory.

It is impossible for a country to be without ordinary manufacturing. Without such intensive industries, it means that there are not enough people, which means that society will have problems.

But whether ordinary manufacturing workers can live comfor

(Read more novels by visiting our website: Knights Novel) tably depends mainly on the country’s distribution system.

Therefore, the negative impact of high taxes is not a problem here at all in Chen Yang.

On the contrary, with high taxes, the country can function normally and can be invested in social welfare.

The tax law is being improved bit by bit, and time is passing quickly.

After setting the general framework of the tax law, Chen Yang bought dozens of robots and left the rest to them.

There is no rush to attract investment for the time being. After the tax law is finalized, the investment promotion can be carried out simultaneously.

The next thing to consider is price.

Generally speaking, high income has high prices, high income has low prices, low income has low prices, low income has high prices…

But this can only be used as a rough reference. The specific price score category depends on import and export, the abundance of natural resources, and productivity. .

Yanguo currently only has one city, but it is no exaggeration to say that the technology of seed and fertilizer is the best in the world, and it is moving towards mechanized agricultural production. The agricultural output is enough to meet the daily needs of this city.

On the basis of high efficiency and low cost, basic food prices will not be too high.

The same is true for the animal husbandry industry. The entire process of breeding, raising, and slaughtering production and processing of breeding animals is highly automated. After costs are diluted, prices can also be reduced.

Let’s not talk about the future, just say that now, the price of agricultural products can basically be lower than that of Longguo.

Chen Yang suddenly felt a little regretful. He had been thinking about attracting people to come, but he didn’t realize the benefits of developing agriculture until he considered the price.

Chen Yang felt that he had considered it comprehensively enough, but he still failed to consider many details. Some problems even came to light after encountering them.

Fortunately, it’s just a city with enough room for error.

In addition to agricultural products, there is also fishery.

It relies on the sea to eat the sea, and the seafood production is sufficient.

Seafood in many coastal cities is cheap. There is no way around it. The production is so large that supply exceeds demand. Plus, the cost of shipping is reduced, so prices naturally come down.

The prices of some light industrial products can also be kept down. There is no monopoly on this kind of thing. Whoever bids the lowest will purchase it. Even after paying for freight and labor, the price will not be much higher.

As for technological electronic products, it’s even simpler. They are free of tariffs and have lower value-added tax. You don’t expect to make money from this, just make a small profit.

If outsiders really guess that, there is a consortium behind Chen Yang.

When the consortium saw the prices set by Chen Yang, they dropped their picks and left in no time.

How about using this little profit for charity?

There’s nothing we can do about it. Since we focus on long-term development, there will definitely be little room for short-term benefits.

It’s already pretty good to be able to make a profit without losing money, so what else do you want from a bicycle?

After the basic commodity prices are roughly determined, the next step is housing prices.