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Chapter 165 Crazy Profits

The Duty-free proposal of Bauhinia Bank was successfully passed with unanimous votes.

Luo Yin was a little confused. He thought about so many things to fool but couldn't say it.

The specific content of the proposal is:

If Bauhinia Bank permanently provides free exchange of metal currency to coin business, the city hall will exempt Bauhinia Bank from tax for twenty years.

If Bauhinia Bank adds another business that provides permanent coin exchange for metal currencies, the Town Hall will exempt Bauhinia Bank from permanent taxes.

The total amount of daily exchange cannot be less than 100,000 United Coins, and it must be gradually increased in the future.

Luo Yin can refuse to provide free redemption at any time, but the tax-free discount will be stopped immediately.

The reason why everyone agreed so quickly was that Luo Yin was indeed doing good things and was to support him.

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Another thing is that although everyone is willing to see Luo Yin do good deeds, everyone also thinks that Luo Yin's good deeds should not be done for a long time.

To put it simply, everyone thinks that his Bauhinia Bank will go bankrupt soon.

Of course, this is definitely not something that can be said directly, otherwise Luo Yin's face would be put, so everyone can only support Luo Yin with a vote of approval.

After Luo Yin found that the proposal was not as difficult as the legendary one, he immediately felt relieved. He said:

"I feel that the police stations in Qiongbi City are a little short of them. I personally want to sponsor a police station. What do you think?"

"Of course this is OK!"

Everyone is a little confused, so it is a good thing to give sponsorship, and there is no need to mention this. Who can stop you from sponsoring?

"Well, I mean, I want to build this police station next to Tulip Manor."

Everyone: "..."

Good guy, you are sponsoring the police station? Are you recruiting bodyguards for your own family!

It sounds a bit exaggerated, but if you think about it carefully, it doesn’t seem too exaggerated?

After all, as a member of parliament, you can ask the police for protection at any time, and there is no charge.

Luo Yin simply hired more police officers, and after a while, he had more protection.

Besides, Luo Yin paid for the money himself, and the city hall at most paid the police. But the police had to pay the salary everywhere, just to ask them to change places... Anyway, as long as the city hall didn't get the money, everything would be easy.

So, the proposal was passed smoothly.

"My tulip gum industry and Jumei Cotton Company have always been the leading enterprises and major taxpayers in Qiongbi City. I want to apply for some tax reduction policies..."

Luo Yin opened his mouth again.

Everyone was speechless.

They discovered what Luo Yin’s political direction was - he was all for himself!

However, tax reductions and exemptions are not excessive. After all, many large companies have tax reduction policies, but because Luo Yin's company has risen too quickly and has never had time to get in touch with this area before.

After successfully passing again, Luo Yin himself felt a little embarrassed.

But this is not Luo Yin's fault. Luo Yin didn't intend to speak out at first, they asked Luo Yin to say this.

So Luo Yin spoke again:

"Well, I've got a few pieces of land..."

Seeing that everyone's faces were a little unnatural, Luo Yin quickly said.

"It's not the land of bustling roads, but the suburbs, some places that border the city and outside the city."

When everyone heard Luo Yin say this, their faces returned to normal, but they were all a little strange.

The land prices in Qiongbi City are very polarized.

Luo Yin dared not say that the land in the city center can afford it. But as long as it is not in the city center, the price will drop instantly. If it is in the suburbs and outside the city, the land there is cheaper, which is almost no different from being free.

Luo Yin is talking about those extremely cheap land.

With Luo Yin’s current value, there is no problem in taking over the land there. There is no need to raise it in the parliament, right?

As if seeing everyone's doubts, Luo Yin explained embarrassedly:

"The land I like is a little bit large. If I buy it myself, the procedures may be more cumbersome..."

“…how big?”

The old Speaker Duncan suddenly had a bad premonition.

"Well, it's probably a little bigger than Qiongbicheng now..."

Rep.: "…"

They heard it right, they were a little bigger than Qiongbicheng?

After the reform began, the area of ​​Qiongbi City accounted for about one-eighth of Qiongbi City. Luo Yin’s opening point required more than one-eighth of Qiongbi City?

What do you want to do?

Luo Yin was afraid that everyone would not understand, so he saw a map of Qiongbi City hanging on the wall, so he circled around some locations, indicating that it was the place he was interested in.

Everyone frowned again. Because these positions in Luo Yin circle were indeed very poor and were not worth much money. They didn't understand what Luo Yin was going to do.

But since it is not an important position, then give it to it.

The proposal passed again.

Seeing that Luo Yin was still showing signs of speaking, Burton next to him quickly pulled Luo Yin's clothes.

Although this meeting is a chance to propose proposals by the new MP, it is not always a benefit for yourself like you!

Pay attention to your image, and you will have many opportunities in the future. Don’t talk about it all in one day!

Luo Yin saw Burton's eyes, and he immediately spoke helplessly:

"Sir Mayor, don't look at me like this. What I'm talking about is a good thing this time!"

"Oh? Congressman Luo Yin might as well talk about it."

Speaker Duncan looked at Luo Yin with interest.

This old orc has a good impression of Luo Yin. After all, Luo Yin has done a lot of practical things in Qiongbi City.

He paid so much taxes to fill the tax treasury of Qiongbi City; he stimulated the cloth consumer market in Qiongbi City, making Qiongbi City's production worthy of improvement; he also provided many jobs... This has provided great help to the development of Qiongbi City.

This is an entrepreneur who does practical things, and the Speaker is still concerned about the benefits he mentioned.

When everyone heard the Speaker's words, they no longer whispered to each other, but looked at Luo Yin.

"That's right. I believe everyone has already understood the issue of my Giant Cotton Company's stock issuance."

Everyone nodded, how could they not know!

In a few days, a company with a market value of nearly 20 million was born, and everyone is still amazed.

"What I'm talking about is about company listing and stocks..."

Luo Yin briefly introduced the stock exchange.

When everyone was surprised when Luo Yin heard that the exchange wanted to hand over stamp duty to the city hall. The exchange actually collected taxes on behalf of the company? That's a good relationship!

When everyone heard Luo Yin say that not only Jumian Company, but more companies can go public and issue stocks in the future, everyone's eyes lit up! Does this mean that there is a chance to make some money in the future? After all, many people have already made money from stocks.

Luo Yin hopes that the city hall will open the door to convenience in the future and provide some discounts and help.

The better the exchange develops, the more tax it pays, which can also drive jobs and bring many benefits to Qiongbi City...

Everyone agreed with this proposal to promote the exchange to Qiongbi City’s key support enterprises and then passed unanimously.

After that, Luo Yin stopped talking, which made the congressmen breathe a sigh of relief.

Luo Yin is a good thing. Although he has proposed a lot of things, he has not affected the interests of others too much. This is one of the reasons why he has been through it.

The meeting continued. By the end, it was already off work time.
Chapter completed!
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