Chapter 346 Financial Work Report (3)
Gu Ruipeng said: "In principle, I certainly agree with the introduction of our enterprises and factories to the market, but according to the current system formulated by the Ministry of Finance, we only pay normal taxes on the income that is pushed to the market. The current tax system is not calculated based on operating income, but based on the company's factory buildings, office area and number of personnel. Isn't this unfavorable to our enterprises and factories?"
Jia Zhenzhao said: "This is not a problem. Although the tax rate is calculated based on the company's factory, office area and number of personnel, it must be multiplied by a certain coefficient. We can set the coefficient below 1 based on the number of products placed by the government, so that it will not be detrimental to our enterprises and factories."
Gu Ruipeng said: "But this is equivalent to a tax reduction that is transformed into a form of tax reduction. Isn't this unfair to other companies? What else can we talk about establishing a fair and just tax system? Will it cause them to dissatisfie with our tax system and resist our tax system?"
Jia Zhenzhao said: "Minister Gu and everyone, there has never been an absolutely fair system. Any fairness is relative, both in the old time and space and in this era. Moreover, any government will provide certain support to its backbone and important enterprises, which is completely reasonable. This is not a fair or unfair thing. All countries in the world are doing this. If anyone thinks this system is unfair, then don't go to Tianjin to make a living."
Gu Ruipeng nodded and said, "Okay, I have no other opinions."
Jia Zhenzhao said: "Do you have any other opinions on the third measure?"
After a while, seeing no one answered, Jia Zhenzhao said, "Well, since everyone has no objection, I will report the fourth measure next. Actually, I mentioned just now. Our fourth measure is to establish a bank, that is, to establish our own financial system and monetary system. I don't need to say anything about the role of the bank. Everyone knows that this is an indispensable institution in any normal country. Of course, the role of banks in the financial system is not very large. At present, the main role of banks is to bank currency and establish our own monetary system. Therefore, the result of our discussion is that our monetary system is mainly three: one is to still implement the bank standard, and gold is only used as a reserve currency; the second is to change the "two" to "yuan", and replace silver coins with silver coins as the main circulating currency; the third is to store currency and completely eliminate copper coins."
Then, he further explained: "The silver standard was established in China almost since the Song Dynasty and has been used for thousands of years. This habit cannot be changed in a short period of time. Therefore, it is our most suitable choice to still implement the silver standard. Changing the 'two' to 'yuan' is an important measure to regulate the price of silver. This can eliminate the instability of the silver price caused by the discount on the silver quality, which in turn brings currency chaos. In this era, the Qing court has begun to make a compensation test for changing the two' to 'yuan', and some of the silver coins of other countries have also been circulated in the Chinese market. And according to the historical experience of the old time and space, this change is the easiest to accept and succeeded. The famous silver dollar "Yuan Datou" in the old time and space appeared more than ten years later, which also proves that changing the two' to 'yuan' is feasible."
"According to our negotiation results, the face value of silver dollars is one yuan, two yuan, five yuan and ten yuan, of which the value of one yuan is equal to the value of one or two taels of kuping silver. One yuan and two yuan are mainly used in the market for small and medium-sized commodity transactions, five yuan and ten yuan are used for medium-sized commodity transactions. In addition, a small amount of silver jiao and silver cent are also minted for daily small commodity transactions. The banknotes are divided into yuan, jiao, and cent, but mainly divided into jiao, and cent, and the function is to replace copper coins, mainly used in daily small commodity transactions, and let the public gradually accept the concept of paper money, preparing for the complete replacement of silver coins in the future, while the coins only have 'one yuan' coins."
"Finally, let's talk about the exchange rate between work points and silver and silver coins. According to our statistics, the value of 1 work point is more reasonable. According to our work points system, the basic work point for each veteran is 20 work points and 60 work points per month. In this way, it is converted into silver price, that is, 6 silver dollars or 6 taels of silver. This standard has been very good in this era. Employees working in our factory generally have a salary of 1-3 taels of silver, while the monthly salary of the People's Army is 2-4 taels of silver. Basically, no one can meet this standard. An ordinary family can earn 6 taels of silver a month, so it can be calculated as the level of bran, not to mention that this is just the minimum living allowance of the veteran."
"In addition, many of the veterans have saved up more than 1oooo, and some even saved up 15oooo. Then the price converted into silver is 1oo silver dollars or 1oo taels of silver, which is basically reasonable and will not cause sky-high prices. Currently, the meal price of the veterans is 4 work points for daily meals, Chinese and dinners are 5 work points. If the exchange rate of silver to copper coins is calculated at 1:2ooo, it corresponds to 2o people's 25 people's 25 people's 25 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 2 people's 3 people's 3 people' 3 people' 4 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people' 5 people
Speaking of this, a burst of laughter also sounded in the conference room, because everyone present was considered senior government officials, all of which were provided by the government, and there was no place to consume. Therefore, basically everyone saved 1oooo's labor points, and there were 8 or 9oooo who did not reach 1oooo. After decomposing, it was about 1oo and 1oo two silver.
At this time, Jia Zhenzhao said: "This is basically the case with the monetary system. Do you have any opinions to express?"
Lu Hong said: "Why don't you just send paper money directly? If you want to talk about government credit, we have enough share. Over the past few decades, only we can defeat foreigners and snatch the colonies back from foreigners. If this is not considered government credit, then what is considered government credit? Sometimes it has to be forced a little more."
Jia Zhenzhao said: "This is not a question of whether to force or not. Currency has a law of currency. Moreover, Minister Lu just said that it is our prestige and prestige, but it is not government credit. It takes enough time to accumulate government credit. In addition, currency reform is not enough to rely on government credit alone. It also requires sufficient quantity and variety of goods. Simply put, it is necessary to make money buy things. According to the experience and lessons of the old time and space, generally in the early stage of currency reform, the people's lack of confidence in the new currency will be replaced with goods quickly to avoid the depreciation of the new currency. Therefore, at the beginning of currency reform, a purchase will occur, only
Only when the people have seen that new currencies can really buy the goods they need will build confidence in the new currencies. Once they cannot buy goods now, confidence will decline, leading to rising prices, depreciation of currencies, and causing social turmoil. We cannot provide the Tianjin market with enough quantity and variety. In this case, a large number of banknotes, or even forcibly banknotes, will only disturb the social economy, and even shake our ruling foundation. Everyone knows the results of gold and round coupons in the old time and space. We are still implementing the bank standard, and only changing the 'two' to 'yuan' is acceptable for the people's psychology, and can avoid social turmoil."
Xu Dingsheng said: "The bank has only prepared 50,000 taels of silver. Is the principal less? How many silver coins are the bank planning to sell? Is it enough for the market circulation?"
Jia Zhenzhao said: "As it said, our cake is only so big now, and only one piece can be distributed to the bank. Moreover, the 50,000 taels of silver is not only the principal of the bank's silver coins, but also the preparation and establishment costs of the bank. However, we have not yet calculated the amount of silver coins in the company. However, the proportion of various silver coins has been basically set, which is 6:3:o.5:o.5, which means that to mint a five-yuan or ten-yuan silver coin, 3 binary silver coins and 6 one-yuan. The quantity value of silver coins and banknotes is half of the total value of silver coins. We do not mean that after banknotes, the circulation of silver coins will be cancelled immediately. Within a certain period of time, silver coins will be used in parallel with silver coins. In addition, our system guidance will gradually eliminate silver coins from the currency market. This will give the public a transition period, and in the early stages, the shortage of silver coins will be supplemented by silver coins. At the same time, we can also increase the minting of silver coins or increase banknotes according to the counter-decline of the money market."
Zhang Yuming said: "Why will all the work points of the veterans be exchanged for silver dollars after establishing a bank?"
Jia Zhenzhao said: "Of course this is the case in principle. Exchange the work points into silver dollars, so that all the elders can participate in market transactions on their own, which will have a positive effect on promoting currency circulation and commodity transactions. However, for the elders, only paper money is not silver dollars. Of course, everyone can also deposit all the money in the bank, which will calculate interest for everyone."
Zhang Yuming said: "But the Ministry of Finance has considered it, what if the market refuses paper money?"
Chapter completed!