"I mean very simple." Zhong Yi said with a grim voice, "For merchants who are willing to come to Yinjiang to purchase goods, they will be given financial subsidies directly to them. With the coupons, they can buy any supplies in Yinjiang!"

"What?" Gong Weiqian's face changed drastically, "Mayor, how can this be done!"

If Zhong Yi's approach is followed, merchants in counties and cities in Zhejiang Province and neighboring provinces will indeed cooperate, but in this way, the situation will turn into a financial competition between Yinjiang City and Kong family.

Gong Weiqian still lacks confidence in this.

Kong Xiangxi is China's richest man, but Yinjiang City's finances are now underpaid.

"Why not?" Zhong Yi said, "Do you think our Yinjiang cannot beat the Kong family in financial resources?"

Gong Weiqian waved his hand and said, "From the income theory alone, our Yinjiang City finance is of course to kill their old Kong family in seconds, but our Yinjiang City has too big stalls and requires money in all aspects. There is actually not much financial power to be used. So if we really compete for financial resources, we will not be a rival to their Kong family."

Zhong Yi blinked and smiled and said, "Secretary Gong, if I say that the Yinjiang City Finance Department doesn't have to take out a penny, do you believe it?"

"What, don't you take a penny?" Gong Weiqian was stunned when he heard this, and said in surprise, "Mayor, how is this possible? If the city finance does not take a penny, how should the shopping coupons obtained by the merchant be cashed?"

Speaking of this, Gong Weiqian was suddenly shocked and said in a low voice: "Mayor, you shouldn't have fooled Kong Xiangxi into continuing to pay for businesses in Zhejiang Province and neighboring provinces? No, this won't work."

Seeing that Zhong Yi didn't say anything, Gong Weiqian said again: "The Kong family just needs to find a merchant to go to Yinjiang to try it out, and then they will know if the shopping coupons we issued are real."

Zhong Yi waved his hand and said, "Secretary Gong, what are you talking about? We will never do anything about lies in Yinjiang City."

"Uh..." Gong Weiqian was stunned when he heard this, and then said, "If this happens, I really can't think of anything else to make the city government not take out a penny. How should I do this?"

"The operation method is very simple." Zhong Yi smiled slightly and continued, "First of all, the shopping coupons obtained by merchants can only be worth half of the price of the goods. For example, an enamel cup costs one cent. The merchants can only use the shopping coupon to deduct five cents, and the remaining five cents still require them to pay cash."

Speaking of this, Zhong Yi said again: "In this way, the financial pressure will be reduced by half!"

Gong Weiqian frowned and said, "But even so, the city finance still has to take out half of the cash?"

Although in this way, Yinjiang City's finance can use half of its financial resources to extinguish the corresponding financial resources of the Kong family, even so, Yinjiang City's finance may not be able to win firmly.

Zhong Yi smiled slightly and said, "Secretary Gong, I ask you, how much tax is paid in our industrial area?"

Gong Weiqian replied: "According to the instructions you made by the mayor, our Yinjiang Industrial Zone only has a unified tax, with a tax rate of 30%. In addition, there is also a business tax for urban merchants, with a tax rate of 20%. "

There were as many taxes as a cow in the Republic of China. By this year, in 1939, there were hundreds of taxes and miscellaneous taxes, and the tax rates were also different. For example, the highest tobacco tax rate was as high as 40%, and the lowest tax on incense and candles and other sacrificial products was also 6%.

In order to facilitate management, Yinjiang under Zhong Yi did not have these heavy taxes and only collected unified taxes and business taxes. The unified tax is aimed at manufacturers with a tax rate of 30%, and the business tax is for shops with a tax rate of 20%.

But in fact, Yinjiang City is currently in the tax preferential stage, regardless of whether the tax is unified or the business is sharp, it is zero.

In other words, the current Yinjiang City Finance actually cannot receive a penny of tax revenue, and it is entirely supported by selling land.

But then again, the development of Yinjiang City is booming. Not only does the population surge, but the industry and commerce have also ushered in explosive growth. What followed was the surge in commercial and residential land prices. The Yinjiang City Government has used iron fist methods to acquire and store most of the development land for ten years, so there is no problem with land finance support.

However, development requires a process, and there is a lot of money to use, so there is actually not much money in Yinjiang City’s financial account.

Zhong Yi smiled and said, "You are right. The unified tax rate in Yinjiang is 30%, and the business tax rate is 20%. That is to say, manufacturers in industrial zones need to pay 30% tax first when selling materials. Then merchants need to pay 20% tax when replacing the transaction. The sum of the two is 50%. Although the calculation benchmarks are different, they are roughly the same."

After pausing, Zhong Yi said again: "When this comes, will the taxes collected be offset by the other half of the expenses? Didn't our Yinjiang Municipal Finance just cash out the cash deduction coupons they issued without paying a penny?"

"Mayor, it's still not possible." Gong Weiqian said, "It's not long since our Yinjiang tax exemption policy was implemented. It's not appropriate to change the course so quickly. If you give foreign businessmen an impression of being untrustworthy, it will not be worth the loss and will definitely affect the next stage of investment promotion."

"How can this be a change of style? " Zhong Yi smiled, "Yinjiang City's comprehensive tax exemption policy is still effective, and all manufacturers and merchants can still enjoy tax reductions, but manufacturers and merchants participating in this Yinxi Fair do not enjoy tax incentives because this Yinxi Fair is organized by our municipal government."

"Yinyin Fair?" Gong Weiqian was confused, "What Yinyin Fair?"

Zhong Yi smiled and said, "Yinjiang Fair is the Yinjiang Material Exchange Conference. Our Yinjiang Municipal Government provides a platform for Yinjiang manufacturers and merchants to display their supplies. At the same time, we also invite merchants from Zhejiang Province and neighboring provinces to order goods in. Since this platform is provided by our Yinjiang Municipal Government, it takes a cost to complete this matter. Therefore, manufacturers participating in this exchange conference can no longer enjoy tax incentives, but manufacturers who do not participate in the material exchange conference will still have the discount."

The implication is that the manufacturer who sells goods at the exchange meeting needs to pay taxes.

However, manufacturers who do not attend the exchange meeting can still enjoy discounts.

After pausing, Zhong Yi smiled and said, "Of course, if the merchants in Zhejiang and neighboring provinces we invited in, if they want to purchase the deduction coupons we issued, they must order the goods from the exchange meeting."

"This is this..." Gong Weiqian was stunned when he heard this. Is this okay?

If you think about it carefully, this is really a genius creativity, and it is a win-win situation.

First of all, merchants in Zhejiang Province and other provinces have cash deduction coupons, and they purchase goods from Yinzhou Fair at half price, saving half of the cost. It’s so cool!

Faced with such benefits, no matter how powerful the Kong family is, it may not stop the merchants from various provinces from rushing into Yinjiang City.

The second is the manufacturer in Yinjiang Industrial Zone. Although it pays taxes to participate in Yinjiang Fair, it is better than the goods that have been piled up in the warehouse, and then the capital chain breaks and eventually goes bankrupt.

Finally, there was the Yinjiang Municipal Government. Without a single son, he got things done.
Chapter completed!