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American Fortune Life - Chapter 1733

Published at 7th of November 2021 07:54:58 AM


Chapter 1733: 1733

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In fact, whether the tax for the rich should be levied or not is a topic for many countries in the financial crisis, which are deeply troubled by the deficit.

The tax on the rich was originally designed to reduce the debt deficit. But in fact, even if the "rich tax" is really implemented, the taxes that may be received are really a drop in the bucket for billions of deficits of countries or states.

The rich tax has been regarded as a policy tool for countries to adjust their income and wealth distribution and solve the gap between the rich and the poor for a long time, so new york state is not the first region to cut the rich.

It's just a question of whether we can pass, even if we pass, and whether we can stick to it.

After all, over the years, there have been not a few countries eager to tax the rich. But there are few countries that do.

The main reason is that too heavy tax will lead to an unstoppable wave of immigration in the rich world. The direct result is the loss of social wealth and the shrinking of tax base. To be honest, the tax on the rich is actually "drinking poison to quench thirst". In the long run, it will inevitably have a negative impact on the introduction of external investment and the long-term development of enterprises.

See why so many rich people are running to the UK, you can have a very clear choice of rich people.

However, one thing will not change, that is, the rich will always be the target of Taxation in various countries.

In fact, in Andy's view, it's really not so important to levy taxes on the rich. It doesn't matter who owns the wealth. More efficient use of capital is the key.

Isn't it better for a super rich person to use his or her huge wealth to continuously grow his or her company, create more jobs and make more money?

Especially those rich people who depend on the development of real economy or high-tech are very respectable. As for building houses, ha ha...

Of course, for New York state to levy the tax on the rich, the rich in the United States will not obediently let the hard-earned money go to the U.S. government. The "old drivers" who have worked hard in the capital market for half a lifetime will not be so stupid, and the tax avoidance methods are endless.

For example, Warren Buffett has told investors in public more than once to select a stock and hold it for a long time. This is not only his investment strategy, but also his tax avoidance method. Buffett paid $1.85 million in federal income tax last year. Some wonder how it is possible for the world's richest people to pay so little tax a year. The secret is to hold shares.

Under U.S. law, holding shares for more than one year, as long as there is no cash out, there is no tax on the investment principal and profits. If the cash is cashed out, the low-income and middle-income people are fully exempt from tax, and the tax rate of the top rich is no more than 20%. Compared with the highest individual income tax of 43.4%, it has more than doubled. Therefore, long-term ticket holding is not only the embodiment of value investment, but also a magic weapon for tax avoidance.

So, Andy spent so much money to sell American stocks this time, not only to sell American stocks, but also to avoid taxes.

Not to mention other charitable donations, offshore companies are the mainstream methods of tax avoidance, and there are various ways of tax avoidance commonly used by rich people.

Of course, there is also a way of tax evasion, that is, misrepresentation of income. Since the IRS only audits 1% of the national tax returns every year, it is likely to succeed in tax evasion. If it is reviewed unfortunately, the worst case is to make up the tax on time. This move, Andy's father-in-law to play the most six, has done so for more than ten years, and can give him at least 50 million dollars a year to avoid taxes.

In fact, the boundary between legal tax evasion and illegal tax evasion is often blurred. American courts or the internal revenue service are very familiar with various tax evasion methods. The wealthiest Americans will avoid tax by various means and never pay full tax seriously.

That's the main reason why wealthy Americans, including Andy, spend money on a group of tax lawyers.

Whether it's the tax on the rich or other taxes, it's not too much trouble for Andy. So, although in the next few days, the issue of the tax on the rich in New York State attracted the discussion and attention of the United States, Andy's main energy is to arrange a series of work after he left the United States.

As the chairman of Qualcomm, Starbucks and Giles clothing, Andy can't be as headstrong as he used to be. Now, he won't be in one of them all the time, but he will have a meeting once a week. After all, Andy Smith is not the absolute controlling shareholder of these three companies There is still a risk of losing power.

Some time ago, Andy took advantage of the opportunity to buy back American stocks in a fair way. He bought back the shares of these three companies on a large scale, which made his shareholding ratio increase again, especially the control of Starbucks, more and more solid.

However, since Qualcomm's share price has been performing well since he took over, although it has acquired a lot of shares in the secondary market, it still can't occupy the absolute right to speak. It also needs to attract some institutional shareholders to cooperate and seek their support.

Andy is eager to get rid of this kind of constraint. Alvette has been privately buying the shares of some institutional shareholders at a high price. Therefore, it's only a matter of time before Andy completely controls Qualcomm. After all, many institutional shareholders will give up long-term investment for the sake of short-term high return.So, after a few days, Andy was really busy. It was the morning of April 3 when he got on the plane to Hawaii.

"I'm sorry, honey, I've already flown to Hawaii. I can't accompany you to the 44th American country music award... Well, don't be upset. You'd better come to Hawaii for a holiday after the award ceremony. Take a rest. You've been really tired in recent time. "

On the plane, Andy smiles and coaxes Taylor Swift, who is a little unhappy on the other side of the phone, concerned.

"I'm really tired. You're so hateful. Well, you came to Australia to participate in my" fearless "tour, and you stood me up With that, Tyler reproached again on the phone.

"I'm sorry, I'm sorry, honey, you know, I have something important to do, but that night you sparkled the whole Sydney with a long golden dress. It's really great. I'm really proud of you." Andy laughs, talks and coaxes her.

"Hum! I'll never forgive you for lying to me next time! " On the phone, Tyler's voice became a little happy.

"By the way, do you like the present I gave you?" Andy laughs.

"Ha ha, thank you Andy, I like it very much, but will there really be a box office?" Speaking of this, Tyler on the other end of the phone was also very happy, because Andy made her "fearless" tour into a documentary, ready to be shown on the big screen, but Tyler was a little worried about the box office, after all, once the box office was too bad, it would be very humiliating.

"Don't worry, your fans will buy it very much. Your appearance will undoubtedly bring the country music which has been quiet for many years into a dynamic world. It is a fact that country music, because of you, is more popular with fans outside the United States and City fans than before. Honey, you have to believe me. Maybe you will exceed the box office of many films. You have to know that everything is possible! " Andy knows how big the fan economy market is. He makes money on tour once and then on discipline movie once. Then he can make another profit on the release of the treasure edition of Blu ray DVD.

"Andy, seriously, I really appreciate the love and support from my fans." Taylor thought of the popularity she received during the tour, and she really cherished those fans.

"Ha ha, it's better for them. When the documentary is released, you can run more cinemas to surprise them." Andy laughs.

"Good idea, great..."




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