Chapter 123 Stamp Duty
Because of He Xi’s land policy.
During this period, land prices have been rising, not just in Beijing, but in the entire north. Because many people have made money and want to go home and buy land.
He Xi has done special research on this matter. Finally, many restrictions were placed on the sale and purchase of land.
First, there are limits on individual land ownership.
Almost everyone in the imperial court supported this.
Land is not an ordinary commodity. Land naturally represents power. People who own land naturally have the power to control the people who use this land to live. Because land, unlike other assets, takes up a considerable amount of space. It is difficult for many people who rely on the land to survive without the land.
This is not the same as other assets.
Many large state-owned enterprises build a small society, and very large enterprises themselves control a small society. In this small society, they are the masters of everything. No matter what the rules are outside.
The existence of the big landowner class will have a bad impact on both capitalism and the feudal system. If you don’t believe it, please look at the South American social model.
Second is the purchase qualifications.
Generally speaking, people can only buy land in their hometown. You cannot buy land elsewhere. Officials cannot sell their land in the place where they serve. And regulations were formulated to give equal priority to local people in land sales.
For example, a piece of land in a village is for sale. You must buy one from this county. And if someone in the village wants to buy it. Under the same conditions, they must be sold to the same village.
This is actually a variant of ancient law. When selling a house in the Song Dynasty, one must first ask the neighbors.
He Xi's hope for the land system is to form a professional farm operation. Small mergers can make more use of machinery. It is impossible for large landowners with tens of thousands of acres of land to emerge.
The final step is to purchase.
To purchase, you must go to the county to transfer ownership. Taxes must also be paid for transfers, and they are heavy taxes. This is of course a financial constraint for the imperial court. He Xi tried to find a way to make money for the court. But at the same time, it is also one of the ways to restrict land transactions.
But I won’t go to the county to transfer the ownership. If the county finds out, it will confiscate it and auction it off.
Under these conditions, there are many people who want to buy land. But there are very few available.
But when He Xi sold King Yan's land, all these restrictions disappeared.
There are no land quotas, no qualification restrictions, and even tax exemptions. What they want is for these people to find a way to recruit people to cultivate the land after they buy it.
This is not a bad choice for many people who have money.
Land is the most stable asset, and many people can see the current currency depreciation. What it is like now and what it will be like in the future, no one can say. For its value alone, land is great.
Moreover, the place is cheap, the output is insufficient, and there are few people. These problems are not problems for many people.
After all, for these rich people, they will not run the business themselves, they can just send a few housekeepers to take care of it. What does being cold have to do with them? What they want is insurance. It is a share of the inheritance passed down to the descendants. Remote or not, it doesn't matter.
Even to a certain extent, remoteness is good.
After all, for many people, this industry is almost something they will never use. By the time they or their descendants use this share of the industry, their careers in Beijing or Nanjing will be almost in ruins. Either you lose money in business, or you fail in officialdom.
At that time, perhaps hiding from these corners was the best way to keep the family going.
Otherwise, still in the power arena, he might be trampled to death by the minor characters who looked down on him back then.
Therefore, this land transaction is also quite hot.
After all the land along both sides of the Nen River was sold and sold, nearly ten million yuan was collected.
And this amount of money is enough for King Yan. After King Yan waits for this money, he will place orders directly with several iron factories.
Purchase a large number of weapons, the total amount is no less than that purchased by the kings of Nanyang.
In this way, the water released by He Xi gradually transformed into factors that stimulate economic development. And after He Xi's big release, all aspects of Beijing are booming.
The most typical one is stamp duty.
Stamp tax is a tax levied by the court that stamps the transaction certificate and levies three thousandths or even less. It's not like it didn't happen before. In the past, expropriation was also included in real estate transactions and land transactions. But to be honest, whether it is land transactions or real estate transactions, the transaction frequency is not high.
No one buys, sells, and sells houses frequently. Unless you are a fool.
But as soon as the stocks, treasury bonds and other markets come out. Stamp duty goes up immediately.
Without him, although stock trading today is not as developed as in later generations. However, later generations of investors were very willing to trade frequently and contribute handling fees to the country and financial institutions. Stock trading in this era is no different.
Even within a month, there are hundreds of thousands of taels of stamp duty.
In this way, after one year, it is another considerable tax.
It is a small help to Beijing's finances.
During this period of time, He Xi's mind was not on the battlefield at all, but on various financial markets. He will see if the data in various aspects can be stabilized. If not, he may have to take certain measures.
Postponing the crisis until at least a year later. Hedge against crisis with news of victory.
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He Xi is preventing future crises. But Zied already felt creepy.
One billion yuan. What concept is this.
It is worth one billion taels. During the Hongwu period, the total amount of white silver in circulation was probably this amount. There are so many things that one billion yuan can do, and what will Beijing do if it has this billion yuan? How could Zide not understand?
He immediately asked to see Zhu Yunwen and said: "Your Majesty, in today's crisis, even a child can understand Beijing's thoughts. Next year will be a matter of life and death for the imperial court. I thought that I should strike first and attack in advance with the army to defeat the thieves. Caught off guard."
Zhu Yunwen was buzzing in his heart. He couldn't digest this number at all.
One billion yuan, even if treasure notes were issued indiscriminately in those days, it would not reach this level. The price of treasure banknotes collapsed. Now that He Xi has made such a big move, although the prices in Beijing fluctuate, the basic price fluctuations are not big.
This made Zhu Yunwen confused, what on earth is going on?
He actually didn't know how much effort He Xi and Yang Shiqi had put into the seemingly low fluctuations in prices. At the very least, grain prices have always been under the control of the Ministry of Household Affairs in Beijing. Grain imports from Southeast Asia, as well as grain prices in Hebei and Liaodong, are all under the suppression of the Beijing court.
In order to stabilize this price, Beijing invests a lot of subsidies every year.
Food, clothing, housing and transportation are stable. After the industrial production of cloth, the price has also decreased. However, Beijing is short of manpower, and many people who do not weave can easily find other things to do.
Needless to say now.
Because of the construction of Beijing city, a series of building material factories were formed, which are still playing a role today. With Beijing as the center and developed transportation, these building materials are spread out. Some people even go to other places to set up factories.
In short, the construction costs of ordinary people have been reduced a lot.
It goes without saying that the canal railway system is the logistical support for Beijing's operations, but it is also the main artery of the democratic movement.
Most of these costs are falling.
In this way, He Xi can maintain relatively stable prices while issuing large-scale banknotes.
As for Nanjing, he actually did too little. After all, they were following He Xi's pattern. But after all, they were not following He Xi. Let’s see what He Xi did. At least it's not that sensitive to food prices.
Nor has more effort been devoted to investigating all facets of the economy.
But Zhu Yunwen didn't know. His feeling about this is that Beijing can do it. Can Nanjing also do it?
?
It's not that Zhu Yunwen didn't know the risks, but even if he knew. He wanted to try it too. Because he also understands that logistics comes first in combat. Since Beijing has raised so much money for the war, it will be difficult for Nanjing to resist without the corresponding money.
