Last year, Datang's financial revenue was already more than one billion Tang yuan, of course, nearly half of that figure came from the attack on the capital and the looting of the Manchu treasury and the family property of the Eight Banners. Pen & Fun & Pavilion www.biquge.info

In the 1781 annual budget of expenditure, the total expenditure budget was 1.47 billion Tang dollars, which was slightly more than the revenue of the previous year, but it did not hurt. Because from the time they came to Los Angeles, the Republic of China and the Ming Dynasty carried a large amount of gold and silver, which was also the basis for the implementation of the gold standard by the Tang Dynasty. Moreover, in the past few years, the fiscal has been in a slight surplus, so a considerable part of the money has not been used, which is why Datang implements a relatively loose monetary policy and lends interest-free loans to many entrepreneurs.

The largest amount of financial expenditure is directly injected into Datang's state-owned construction company to build housing and various supporting infrastructure, such as schools, hospitals, retail supermarkets, etc., for the new immigrants. It can be said that this practice is actually a disguised way of stuffing the state's money into the hands of new immigrants. This allows new immigrants to have a house of their own after landing, although the area is not large, but there are tiles to protect from the wind and rain. And they landed in their own jobs, with more than ninety percent of the new immigrants joining farms and state-run factories and companies, and the rest being recruited by private companies. If you have a job, you will have an income, which makes them live a relatively stable and prosperous life in the first year of coming to Datang. In fact, most immigrants can't accept that they have too much money in their hands after coming to Datang. They are not modern people with more advanced consumption concepts, or they are not too good at spending money at all.

This has led to some ill-intentioned people trying to illegally raise funds, but the state has cracked down on such economic criminals very severely, and if the scale is relatively large and the impact is extremely bad, it is to shoot them directly.

On the other hand, Datang enterprises try to take advantage of procurement benefits. Centralized consumption is carried out and then distributed to new immigrant employees. Some are even more direct, issuing cash cards to employees at Lianhua Supermarket, so that they can only be consumed, and there is a risk of expiration and invalidation.

This will be put in the future generations, and such enterprises will be complained to death. But it is clear that the newcomers have not yet mastered this skill. Although their wages have been reduced in disguise, they still can't spend the money they send to their hands, and most of them are thinking about saving money.

The guilds of some enterprises and companies, as well as various media publicity channels in the society, are vigorously publicizing that consumption is the engine of national economic development, and consumption is glorious, etc., which can also be described as good intentions.

In addition, in order to avoid the wealth of new immigrants becoming illiquid due to saving. Datang has also carried out a mandatory wage discount system, that is, wages are paid directly to bank accounts. Newcomers have slowly accepted that keeping money in a bank is safer than hiding it at home, and that they can report it lost if they lose their passbook.

Due to the relatively loose monetary policy, Datang's deposit and loan interest rates are relatively low. More commonly, depositors are only looking for the store of wealth and are less concerned about interest. But people who are really business-minded and have some ability often get extremely high rates of return after taking out loans.

Some businesses also like to take out loans after they get the money. It is possible to expand your business and make more money. And then the bank also made a lot of money. The commercial banks are all state-owned banks, and they do not dare to play the trick of making money too much, but it is still necessary to revitalize liquidity.

Datang's financial problems are mainly due to the strange low tax rate. Let's talk about the scope of tax exemption for the Tang people, and new immigrants are basically exempt from tax for the first few years of immigration. Private businesses are also exempt from tax for the first three to five years of starting a business, which is an incentive for the private economy.

Datang at the beginning of construction. There is still a lot of confusion about tax administration, and there is no main line. After the formation of the new government, a VAT-based tax system was established. However, due to the initial implementation, there are still many imperfections.

In fact, that is, in the early years of the founding of the People's Republic of China. Private enterprises are exempt from tax, and state-owned enterprises are exempt from VAT, and there are large tax refunds due to the consideration of expanding enterprises. Even though the general VAT rate is only 10%, the actual tax situation is very small. The main payment of business tax is the business tax. Other taxes include stamp duty, business tax on special commodities (tobacco, alcohol, gasoline, etc.), and customs duties are another major head, and even account for most of the tax revenue.

As for income tax, the collection of corporate income tax is relatively limited, mainly because a large profit from fiscal revenue comes from the profit payment of enterprises. In terms of personal income tax, because the threshold is relatively high, the proportion of people who need to pay taxes in the population is only in single digits.

Obviously, this tax situation is unhealthy, so Datang has to carry out drastic tax reform during the First Five-Year Plan period. The VAT tax system at its core must be solid. Of course, if the value-added tax is really levied, then there will also be a sharp increase in Datang's tax revenue. The two major systems of the modern national tax system are the value-added tax and income tax systems, which are represented by China and the United States. In practice, China's tax burden is indeed relatively high, but it also gives the government a stronger enforcement capacity. If the government can ensure integrity and at the same time create sufficient welfare for the people, this high tax burden is not a problem. In fact, this is also a goal that Datang is preparing to move towards. Of course, the Tang Republic itself is in the process of collecting large sums of money, sending large sums of money to the people through various means.

It can be seen that after the stabilization of the tax system in Datang, there will be a relatively big change in the structure of fiscal revenue, and at the same time, the total amount will continue to rise, leaving a large distance behind other countries. This is also expected, the stage of civilization development in the Tang Dynasty itself is different from theirs, and it is still using various methods to plunder the world's wealth.

Defense spending is 7% of the state's fiscal expenditure. 1%，1。 04.4 billion Tang Yuan. Sixty percent of them are personnel costs, which are close to 70 million. This includes not only the daily salary expenses of the 50,000 regular naval and land troops of Datang, but also the salary expenses of the 9 brigades of the Foreign Legion. Compared with the army that was often an aircraft carrier in later generations, the cost of maintaining some armored vehicles and several thousand tons of warships in the Tang Army is not too large, and the money for maintaining some light weapons and artillery is not much, and the Tang Army will basically replace it with a new one soon after it is used. Fuel and other supplies are also part of the consumption. The Tang Army also did not spend expensive exercises, and compared to the other side, the People's Liberation Army (PLA) dispatched 100,000 troops at every turn, united the three major fleets, and ran thousands of kilometers across the theater of operations.

The rest is the equipment update cost, which is about 1461. 60,000 Tang Yuan. Last year, catching up with the tail end of a war, the Ministry of Defense also purchased a lot of equipment, such as the navy, which spends a lot of money on equipment, and purchased four Pinghai-class cruisers and 20 Qiulong-class gunboats in the last fiscal year, plus paid for a part of the cost of island-class transport ships (dual-purpose ships, if not used by the navy, trading companies use them for loading and trading). But this year's navy is no longer at its peak last year. The real gold-eater, the Zhuolu-class battleship, has not yet begun to prepare for construction, and only part of the funds will be spent on research, and two battleships will be officially built from 1782. This year, the navy only plans to build 14 Qiulong-class gunboats, and the unit price of this small boat is only 100,000 Tang yuan. In addition, the Navy will still be committed to co-purchasing Daojiao-class transport ships with civilian trading companies, and the number of purchases this year is four, with the complete purchase price of one Daojiao-class being 750,000 Tang Yuan, and the Navy paying 250,000 Tang for each ship, totaling 1 million Tang Yuan.

On the army side, the new standard rifle S9 semi-automatic rifle began to be fully reequipped with troops, but the total order quantity was 50,000 units, and the expenditure according to the domestic supply price was only 1.5 million. With the addition of other semi-automatic rifles such as the S10 imitation of five or six half and a half and the S11 imitation of the AK-47, the replacement cost of light weapons is within the scale of 2 million Tang Yuan. The total cost of the refitting of the three infantry regiments of Dangkou, Zhaolie and Shenwu was 3 million Tang Yuan. In addition, last year, the army successfully tested a 155 mm howitzer, officially finalized as the S1780 howitzer, which was set as the main support firepower of the brigade artillery regiment, and this year it also began to procure, with a total of 200 pieces, which were first equipped with three independent artillery regiments of the Tang Army, which had just been established.

In addition to the cost of equipment renewal, the military also needs to pay a part of the research and development costs, for example, the navy has paid the West Coast shipyard to develop the Zhuolu-class battleship, the army also has a budget to develop tracked armored vehicles and self-propelled guns, and the army and navy also have the research and development funds for the development of aircraft by Boeing. The rest is mixed up, and this budget is relatively perfect.

Overall, Datang's finances are increasingly in need of careful budgeting. Especially with millions of new immigrants arriving each year and a very high natural growth rate in the country, investment in infrastructure and utilities has always accounted for an absolute proportion of fiscal spending. But fortunately, with the rapid growth of labor and the country's economy, Datang's financial revenue will obviously grow rapidly. Therefore, the state is basically not worried about the lack of funds.

In the absence of a war on a strategic scale, the military expenses of small-scale and low-intensity conflicts in the theater will be borne by the SAR finances. Basically, Bai Nam uses the Foreign Legion to fight, and there is no need to pay an additional opening fee or anything, but there is an overseas combat allowance, which is not a large amount. On the one hand, the theater command has reserves, and on the other hand, the SAR treasury also has sufficient funds to subsidize the loss of fuel, supplies, and ammunition, which also gives Bainan a relatively large convenience for conducting small-scale wars in the Far East.

Shortly after the beginning of 1781, it seemed that the war machine in the Far Eastern theater was about to kick in again. (To be continued.) )