Nanming: I can build wonders

"And rest assured, a large amount of grain will enter Daming soon this year, and coal mines will also increase significantly this year."

How to do it?

Daming's Nanyang granary is about to have a bumper harvest, and there is no shortage of food!

As for coal mines, there is no need to worry. Daming has a complete steam engine, and the efficiency of coal mining will be greatly increased. With the help of cheap labor such as workers from vassal states, captive bannermen, and Nanyang natives, I am afraid that there will be no place to digest the dug coal!

Therefore, Zhu Kezang now has the confidence to play such a large amount of infrastructure.

After hearing the emperor's words, the sadness on Prime Minister Chen Yonghua's face obviously disappeared.

Of course he was happy that the fiscal revenue had suddenly increased so much.

Although 1500 million taels were issued by the bank, if it can be filled with commodities, it is equivalent to the court making money in advance.

And it's not over yet!

These several million taels are just the income from buying land, and those 8 companies have to pay taxes after starting infrastructure construction.

For example, if Xu Dehai wants to build commercial street roads, he has to purchase a large amount of cement.

For example, if he purchases 20 silver dollars of cement, according to the commercial tax law, the state-owned cement factory has to spend 20% of the income of 15 yuan to pay taxes.

That is 3 silver dollars.

Therefore, in doing so, the tax base is also expanded, and the tax amount is naturally increased.

Not only that, but also created employment for a group of people and stimulated consumption.

It is Chen Yonghua's feeling that Zhu Kezang is the one who suffers the most when the commercial tax law comes out!

Most of those state-run and imperial-run factories and companies are Zhu Kezang's property!

The land sale on the first day of October ended at three o'clock in the afternoon.

The news spread quickly in Ying Tiancheng's official circles.

"What! It's sold out!" Hong Lei was so surprised that his jaw almost dropped, "Who bought it?"

This is not his own doubts. It is not cheap to win those lands.

Everyone is willing to give the emperor face, but the money in their pockets does not allow it!
If you have tens of millions of silver dollars in your pocket, it is a trivial matter to take out a tenth of them to please the emperor.

Hong Lei was thinking: Could it be fake news, someone really is willing to go bankrupt with so much money?
In the evening, the accurate news spread.

Hong Lei shouted: "The bank is also involved! No wonder! No wonder! How did this work! This is a trick where money from the left hand is given to the right hand! This is playing with fire and setting yourself on fire!"

Why did Hong Lei say that this is a trick where money from the left hand is given to the right?

This land sale in Yingtian New City is to let those companies go to the Royal Bank to borrow money. The Royal Bank will start the minting machine and money printing machine to print the money to them, and then they will pay the money to the Ministry of Households.

In other words, most of the money that went to the household department was the money given by the Royal Bank.

For example, this time, a total of 420 million square meters of land was sold, and the direct income of the household department was 1680 million silver dollars.

Because land income is directly attributable to fiscal revenue, it is not counted as tax.

There are probably more than 200 million silver dollars in the various taxes behind. Of course, these are the affairs of the Imperial Tax Administration.

Add up the final total is almost 2000 million!

This kind of gameplay was beyond the expectations of Hong Lei and others, they did not expect the Royal Bank to participate.

You know, if the Royal Bank lends out so much money at once, if it fails to collect it back, it will cause a big bad debt and trigger a financial crisis.

Hong Lei shouted: "This is bad government, this is bad government!"

On the night of the first day of October, almost the entire worldview of the officials in Yingtianjing City was completely refreshed by the emperor.

Some people criticized Zhu Kezang for dancing on the edge of a knife.

Some people chanted that this is the most wise money-making technique in history.

Officials and emperors are all prosperous and the other is damaged. If Zhu Kezang can't pay the money, wouldn't they be the ones who suffer?

Jin Yiwei pressed so hard, if they dared to reach out and leave evidence, they would be in trouble later.

The land sale of the first five-year plan has just begun, and a large-scale controversy is about to erupt.

And what is Zhu Kezang, the chief designer of the First Five-Year Plan, doing at this time?

He is still reckoning.

Is the income from selling land just the money given by those merchants to buy the land?
If you really think it's that simple, you're too young.

Then there are several income in it.

One is taxation.

The second is the interest on the loan.

Zhu Kezang has not set the business tax very complicated now, he just doesn't want to raise the cost of businessmen too high.

At least initially, commerce is to be heavily encouraged.

Here, as long as there is a transaction, it involves paying taxes. These companies took away the money from the Royal Bank, which was basically used to build buildings and roads.

Moreover, those who participate must have wages, and as long as their wages meet the standards of the new personal income tax law, they must also pay taxes.

Is this the end of the tax?
not at all!
If you sell a house, it is your income. If you have income, you have to pay taxes according to the tax law.

This business model is feasible in this era, the premise is that someone will buy a house.

So here comes the problem. In this business model, the Royal Bank also has income. This is the income of the bank. The expenditure of the bank is the basic operating expenses of the bank, and the rest is the interest on savings for ordinary people.

According to the current deposit interest rate of the Royal Bank, the bank must be making money.

Royal Bank made money, what to do?
Part of it is reserved for its own operations, and part of it is turned over to the state treasury.

After being handed over to the national treasury, of course, it is invested in people's livelihood construction and foreign export trade, earning more money to stimulate the development of other places.

Wait, it's not over yet.

People who buy a house find a loan from the Royal Bank and have to pay interest.

So is anyone willing to buy a house next?
If the house in the urban area is 6 silver dollars per square meter, buy a house of 100 square meters, 600 silver dollars, and find a loan from the Royal Bank. The total repayment amount is 1000 silver dollars.

Can you afford it?
With the current income of the citizens of the Ming Dynasty, many people cannot afford it.

But some people can definitely afford it.

There are even many people who can buy it in full.

It's just that ordinary people can't afford it.

Then the problem comes again.

Ordinary people can't afford houses, only the rich can afford them. Isn't this contrary to Zhu Kezang's efforts to improve people's livelihood?
Here is a law of economics.

When any new commodity comes out, it is for a small number of people.

why?
Because it is determined by production capacity and technical level!

Production capacity determines the quantity and marginal cost of goods, and the level of technology determines the unit price cost of goods.

The urbanization of New Daming also had to follow this path,
When Hong Lei and others were crying and worrying about the sky falling apart, the emperor was already happy.

The urbanization of New Daming is a steady step forward.

This is a small attempt at urbanization, and it is also a new way of income for Ming Dynasty.

Zhu Kezang sometimes doubts: Did he open Pandora's box?