Daqin started with offering immortal medicine

Chapter 136 Stimulating the Economy

As the saying goes, food and grass go first before the army moves.

The drastic addition of the Ministry of Education naturally requires financial appropriation, and there is a lot of it.

Because each township needs a huge sum of money to open a school, and the cost of teaching materials is also a lot of money!

You know, when the famine broke out before, the national treasury had actually become an empty shell.

If the treasury can't come up with money, then this matter will be over.

Thinking of this, Li Yang said worriedly: "Your Majesty, the funding from the Education Department..."

"Ji Xie, do you still have money in the treasury?" Ying Zheng also realized the current difficulties, and couldn't help asking worriedly.

Ji Kai immediately came out and said, "Your Majesty, the treasury has received a lot of income recently, and the expenditure related to the implementation of compulsory education should not be a problem."

Li Yang was dumbfounded.

Recently, the treasury has been quite rich?

Why?

At this time, not only Li Yang was surprised, but even Ying Zheng was stunned and puzzled.

"Recently, there has been a severe famine in my Great Qin Dynasty. Where does the treasury get its income from?"

Ji Xie said: "Your Majesty, it's the merchant's tax. In the last half month, the merchant's tax collected is higher than the merchant's tax collected in the past three years, as high as [-] gold!"

"What? Three... thirty thousand gold!"

This time, everyone present was stunned.

How did you receive so much merchant tax in half a month?

But only Li Yang looked bewildered.

Merchant tax... what the hell?

Li Yang asked curiously: "What is merchant tax?"

Ji Xie said: "Prime Minister Huizhong, there are 12 merchants in Xianyang. The monthly profit and income of these merchants must be registered and recorded by the Taxation Department of the Chestnut Administration, and [-]% of the merchant tax will be paid to our Daqin treasury."

When Li Yang heard this, he fainted immediately.

Isn't this fucking personal income tax for future generations?

Li Yang really didn't expect that the personal income tax has already started in Qin.

Knowing what the merchant's tax is all about, Li Yang immediately knew why he was able to receive a merchant's tax of [-] gold in the past half a month.

Because of the bidding for the project, more than 100 merchants in Xianyang won the bid, and they hired more than 100 million victims of the disaster for construction.

These more than 100 businessmen who won the bid mean that each household has to spend at least tens of thousands of gold to invest in the project in advance.

For example, where did the chestnut rice that was previously paid in advance by the disaster victims come from?

Naturally, it was purchased from a rice merchant. In the end, the rice merchant made money from it, so he had to pay a 20% merchant tax.

In addition to rice merchants, such as merchants in the stone business, merchants in the wood business, merchants in the salt and iron business...

In short, a lot of money poured into the market at once when the project was called for bidding. In the words of later generations, this stimulated the economy and expanded domestic demand.

The money has been circulated through commercial methods. Although most of the hot money pouring into the market is the cost of goods, the profits the merchants get from it are certainly not small, so the treasury has collected [-] yuan in taxes from merchants in the past half month. Kim, it's not surprising at all.

How much is [-] gold in exchange for the purchasing power of future generations?

According to the Qin State, one gold is approximately equal to 3840 yuan in purchasing power of later generations, and 1 gold is equivalent to more than [-] million yuan in purchasing power of later generations.

Thinking of this, Li Yang finally understood why later generations like to engage in infrastructure projects so much.

Although it seems that the country is engaged in infrastructure projects, the country will allocate funds for bidding, which will increase fiscal expenditures, but from the overall perspective of the country, it is very worthwhile.

The reason is that no matter how the money flows, as long as it does not flow abroad, the meat will always be in the same pot, and the overall money will not decrease. In the process of flow, everyone’s enthusiasm for labor will be mobilized, and the problem of labor employment will be solved. The problem of food and clothing, and the creation of production in the flow of money can also increase tax revenue. From the perspective of the country's overall governance, the investment in infrastructure projects is simply too cost-effective.

For example, isn't that the case for this project bidding?

Although the infrastructure of the later generations used the money deposited in the bank by the common people, but this time Li Yang used the savings of the businessman himself, which is actually no different from using the money in the bank, it is all other people's money.Then we can build national projects, solve the employment of millions of victims, keep them from rioting, take care of the elderly and weak families of the victims, and solve the problem of food and clothing. Finally, we can collect 20% tax from businessmen. How about?What business is more cost-effective than this?

When the two-month construction period expires, the laborers temporarily go back to the autumn harvest, the people pay the land tax, and the treasury has money again, which can be used to settle the project payment.

And those businessmen, using the project funds, continue to hire people to construct...

The money earned by the common people from work is used to buy necessities from the merchants to improve their lives. The merchants earn the money earned by the common people and pay 20% of the merchant tax to Daqin.

Daqin continued to collect taxes in various ways, and to "pick the geese's feathers" in various ways, in this cycle, and finally...

You will be surprised to find that this kind of large-scale infrastructure project not only does not lose money to the country, but also plays a great role in social stability, national economy, or people's livelihood and employment.

It seems that in the future, there will be more engineering infrastructure in Daqin.

Li Yang has already thought about it, and when the time is right, he will build all the straight roads in Qin State into asphalt roads, and develop canals, etc. These are all big projects.

And just when Li Yang was thinking about it, Ji Kai really said: "The reason why so many merchant taxes can be collected this time is because of the Prime Minister's new project bidding policy."

When everyone heard this, they immediately thought of the hot money flowing into the commercial market.

Ji Kai continued: "Not long ago, His Royal Highness Fusu also put the money from the government's paper sales into the national treasury, and there was also [-] gold. As a result, the national treasury now has a total of [-] gold."

Upon hearing this, Ying Zheng heard that Fu Su actually earned [-] gold from selling paper in half a year, and he couldn't help but praise: "Su'er has done a lot of service this time! Hahaha..."

Everyone nodded.

How could Yingzheng know that Fusu was lying on the bed at this time, applying medicine to his buttocks?

"Ji Kai, first allocate [-] gold to the Prime Minister. After two months, the autumn harvest will be harvested and the national treasury will be full. Then we will allocate follow-up funds. The implementation of compulsory education must not be affected." Ying Zheng said.

"Here!" Ji Kai took the order.

"Thank you, Your Majesty!"

Li Yang is also very happy. The treasury can allocate [-] gold in advance, which is completely enough for the preparatory work in the early stage.

…………

On the same day, after the early dynasty ended, the news of Daqin's establishment of the Education Department spread throughout the government and the public. Everyone knew that Daqin was about to start to implement ideological education for the whole people again.

It's just that what officials in the DPRK and China don't know is that ideological education is only one aspect of compulsory education, and that cultivating talents and the imperial examination system are what Li Yang really wants to do.