721 The Great Empire 5
From the village level to the cabinet level, maintaining such a large group of civil servants naturally requires eye-catching salary and office funds.
In the previous Zhou Dynasty, of the 80 million guan of national income each year, nearly 80% of the 60 million guan was used to pay military expenses, nearly 80% of the remaining part was used to pay the salaries of officials, and the remaining part was used to pay the annual monies and royal expenses to the Jurchens.
Then it disappeared. Such a tight finance was actually not redundant at all. Once some natural disasters and man-made disasters were encountered in some places, disaster relief or other additional expenses were needed, the economy of the Great Zhou court would have a deficit.
Most of the prime ministers with some skills in the Great Zhou Dynasty had carried out certain financial reforms, laying off redundant soldiers and redundant officials, and increasing revenue and reducing expenditure as much as possible.
However, if they were allowed to know the empire's fiscal expenditure figure, all the great Zhou wise ministers would give up - this number was large enough to make them desperate.
Taking the Republic in 1796 as an example, the Imperial military expenditure was 180 million SGD, and the official salary and office expenses were 90 million SGD. The sum of these two things was 270 million!
In addition, the empire also had 8 million taels of fiscal expenditure to stabilize immigrant life; 12 million taels of resettlement for disability soldiers after retirement; 15 million taels of investment from industrial enterprises; 30 million taels of interest on national debt repayment; 40 million taels of domestic disaster relief and disaster-stricken areas; 45 million taels of infrastructure construction such as water conservancy, roads, bridges, etc.; 48 million taels of financial subsidies for medical and health; 75 million taels of education and science funds including scientific and technological innovation awards, the Academy of Sciences and the Academy of Engineering.
All expenditures totaled up to 543 million taels!
The purchasing power of the empire's new currency is actually a little higher than that of the Great Zhou Dynasty's currency. After the unification, the cabinet ordered currency exchange, and the Great Zhou Dynasty's currency (copper coins) were exchanged for 1,050 text (1.4 cents).
In other words, the empire's fiscal expenditure last year was equivalent to 760 million yuan!
This is the total fiscal revenue in the previous week of 9 and a half years!
That is, the empire has no royal family or royal family fees (this is the responsibility of the government finance), otherwise this number will be even more amazing.
Even so, this number is no longer something that the bureaucrats in the previous week can imagine. The expenditure of nearly ten times the income, who do you want to fill this hole?
Of course, since the empire dares to spend so much money, it will naturally make more money.
The empire is the only country in the world that is close to industrial life. Its productivity overwhelms the world and has all the raw material production areas and markets in East Asia, Central Asia, North Asia, and Southeast Asia. In addition, it can also sell various products to India, Pars and the more western world through maritime trade routes to make profits.
In addition, the Empire has a more advanced tax system and can obtain more fiscal revenue through customs and more reasonable tax policies.
In 1796, fiscal taxes including value-added tax, import and export tax, stamp tax, resource tax, corporate income tax and personal income tax were 457 million taels. In addition, state-owned enterprises (including industrial enterprises, banks and farms) paid 100 million yuan in profits and issued 50 million taels of government bonds.
Total fiscal revenue was 619 million taels.
The remaining fiscal policy is 76 million taels.
This number only calculates the part that is paid to the cabinet's finances, the part that is retained by local local taxes, the private profits of state-owned enterprises, and the profits of the inner government enterprises belonging to the royal family (the inner government enterprises pay taxes, but the profits are handed over to the royal family rather than to the cabinet).
According to the budget reports of various departments in the 1796 conference season, it is estimated that the Imperial fiscal expenditure will rise to around 630 million in 1797, but the fiscal revenue will definitely exceed 700 million!
A fiscal surplus of 70 to 80 million can be guaranteed every year. This fiscal health is actually not as good as that of the Jiangbei period, because Jiangnan entered the empire too late and the industrial advantages have not yet been exerted.
When the more advantageous Jiangnan economy improves, the empire's fiscal surplus will definitely be richer.
With money, the imperial cabinet seemed very heroic in everything they did. It was not without reason that they dared to transport 3.9 million stones of grain to the disaster area of Ganzhou Province in one breath.
Moreover, when your capital is strong enough and you dare to invest to the end, you will not lose money.
It was the same for transporting relief to the disaster areas of Jiangxi Province. When the gentry had to sell the hoarded food at a loss, the empire could make 1 million taels.
...
The empire is so powerful now that Xu Shiyang, who is the helmsman, seems a little overwhelmed when spending money.
Before leaving Yanjing and starting a tour of the country, Xu Shiyang made a high-profile reward through the publicity department: If anyone can invent a steam engine that can operate normally for more than 24 hours, the crown prince will give him a direct economic reward of 3 million taels and the title of earl in his personal name!
If anyone can load the steam engine on the ship and keep the ship running smoothly for more than 24 hours, he will receive a reward of 5 million taels and a Marquis!
If you can load the steam engine on the car, you will get 8 million taels of cash and the Duke!
In order to make the world clear what the steam engine is, Xu Shiyang even published basic science, introducing the principles of the steam engine, and basic knowledge such as thermal expansion and contraction.
This is another desperate attempt to forcibly improve the technological level of the empire.
Of course, he didn't understand that compared with an important invention, some basic research is actually more important.
Therefore, Xu Shiyang established the Imperial Royal Science Progress Award, which is selected once a year, and rewards new discoveries in the three disciplines of mathematics, physics and chemistry.
These awards will focus on numbers and formulas, which seem to be "useless" basic research, and the rewards are also very generous.
The rewards for the top three in each discipline will be 500,000, 300,000, and 100,000 taels per year. As long as they can be formally checked and the correctness of the data, the rewards can be obtained side by side.
Gold medal owners can directly obtain aristocratic status.
The Royal Science Progress Award of the Chinese Empire will soon grow into the world's highest-standard science award and will last for a long time.
...
Compared with Xu Shiyang's spending money to create a technological improvement.
The emperor especially likes to spend money to build palaces.
The investment in Changle Palace in Jinling has exceeded 3 million taels, and it has not been repaired yet. It is estimated that it will invest about 2 million taels every year in the future. It will take ten years to complete the construction. It is estimated that the renovation of the old palace will be carried out immediately. The maintenance fee of 1 million yuan per year is not too high.
This does not count the expenses of various royal artifacts and female officials, palace maids, eunuchs and other staff in the palace.
Moreover, it is just Changle Palace. There is also a Schonbrunn Palace in Quancheng, Yanjing and the Forbidden City, and it is even possible to build the Daming Palace in Chang'an in the future...
If placed in any dynasty in front, it will be a sign of the emperor's extravagance and demise of the country.
However, in China, these expenses are all funded by the royal family's inner government and have no connection with the imperial finances.
Chapter completed!