Vol 5 Chapter 59: Untouchable estate tax

The phrase "want to build the road first" is also applicable at the beginning of the 20th century. Don't look at Bulgaria planning a bunch of industrial plans. In fact, most of them have not started yet.
Everyone is waiting for the government to build roads? As long as the traffic problem is not resolved in one day, the big industrial plan is nonsense!
The native Balkan region has already been developed very well. Ferdinand does not plan to continue to show heavy industry here, and the other regions are very backward. Even the Asia Minor Peninsula, which has been operated by the Ottoman Empire for hundreds of years, is not available. What a decent industry.
Road construction has started since the Bulgarian army boarded the 6 Asia Minor Peninsula in 1916. At present, the railway company still has more than one million prisoners of war, struggling for this great and sacred cause.
If we add prisoners, ordinary railway workers, and industrial workers and technicians of supporting enterprises, all the staff of Bulgarian Railways will pass 2.6 million!
Now that the big road plan is launched, the Bulgarian road repair army will once again break through one tenth of the total population, or exactly one tenth of the registered population!
Such a high proportion of labor input is naturally impossible under normal circumstances, and other domestic industries also require labor. Fortunately, this era is a colonial era, and cheap labor is available.
As of the end of 1921, the population of Bulgarian household registration had exceeded 48.76 million, of which more than 3.4 million were foreign immigrants, and the rest were the growth of the new population.
Perhaps it has been suppressed for a long time in the World War. Since 1919, the domestic baby boom has exploded, and the birth rate reached a peak of 5.18% in 192o. (Refer to Russian data)
This is also the highest point since the founding of Bulgaria. According to estimates by UNHCR experts, this wave of baby booms may last about 193o.
This means that in the next ten years, Bulgaria's population growth rate will remain between 3.1% and 3.8%. In the two decades, the population doubling plan is optimistic.
As a price, the Minister of Finance cried to Ferdinand every day!
From now on, the Bulgarian government pays one million mothers during pregnancy every year, and the rural population is included in the budget.
According to the new labor law, the minimum wage in Bulgaria is no less than 75 levs per month, no less than 3 levs per day, or 45o levs for half a year.
This item alone costs 450 million levs every year! If the medical expenses during the childbearing period are calculated and the incentive policy from the third child is calculated, for family planning, up to 700 million levs will be invested each year.
If the investment in this area is high, the investment in other areas will be low, which is also no way out. In the early 1930s, Bulgaria was also a proper country at that time.
However, in terms of social welfare, Bulgaria is far behind European countries. As early as the 1880s, the Germans had established a universal pension system.
Since then, the era of human pensions has begun. Nowadays, most countries in Europe have established pension systems and the Bulgarian social pension system, which has long become a hot topic in society.
This problem has also plagued Ferdinand for a long time. The world's most popular pension system is currently funded by pension insurance and government financial allocations.
The social pressure in the short term is not great. The average life expectancy in Bulgaria has just exceeded 65 years, and the age of the population has not yet come.
But the future will be troublesome. Perhaps for a hundred years, Bulgaria will not have to worry about pensions. Anyway, there is oil behind, and the government cannot be poor!
If Ferdinand is only the president of the country, he would be happy to do so, without having to think so far, to directly build a high-welfare society, hello, hello, hello everyone!
It is a pity that he is a king and must consider in the long run. What if Bulgaria's oil resources are exhausted or the birth of new energy replaces oil?
History has told him that in countries that are overly resistant to resources, once resources are depleted, the entire society will soon collapse.
As Ferdinand smiled again, it seemed that this loophole could be blocked in advance.
Now Bulgaria is still a struggling country. Everyone has a strong sense of social responsibility, and few people are eager to enjoy themselves. If a yoke is set up in advance to limit the future generations' dependence on resources, it seems very exciting!
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After April Fool's Day, Ferdinand sought advice from the entire society on the establishment of a Bulgarian pension system, and also held a government seminar.
Minister Constantine reported to Ferdinand Nanhui: "Your Majesty, this is our government's plan for establishing a pension system, please look over!"
Ferdinand took the document and did not open it, and asked directly: "First, what kind of pension system does the government plan to establish, where does the fund come from, and how to calculate the proportion?
Cover the crowd, what else? How can we ensure the smooth implementation of this plan, there is a long-term exhibition! "
Constantine thought for a while and said, "The government plans to establish an old-age pension system mainly to learn from Britain, France, and Germany. At present, we are preparing to implement old-age insurance.
That is, young people pay endowment insurance and give pensions to the elderly. Our government has calculated in detail that there are about 2.2 million people in Bulgaria who are over 60 years old.
According to the principle of fairness, we only need to extend pensions to those who have contributed to Bulgaria, that is, working in Bulgaria for 20 years, and people with Bulgarian nationality, only 1.8 million people.
According to the current minimum wage standard in the society, a total of 1.62 billion levs would be needed for pensions.
At present, there are more than 23 million young men and women of appropriate age nationwide. If calculated according to 1.62 billion levs, each person only needs to pay 71 levs.
This is less than their monthly salary, which is completely within everyone's tolerance! Following this cycle, we can adjust the pension insurance fund according to the actual situation! "
Looking at such a simple and rude pension system, Ferdinand shook his head helplessly, and then said, "Sir, have you considered it? Now the average life expectancy in Bulgaria is 65, but in 1889, when Bulgaria Has a life expectancy of only 52 years!
If nothing else, you will be surprised that our life expectancy will exceed 7o years in less than ten years, and our life expectancy may exceed 75 years in 20 years!
With the continuous increase of life expectancy, the demand for pensions in society will also rise sharply. Our population growth cannot continue indefinitely. What should we do once an aging society comes?
There are also people who want our citizens to have little economic pressure on the surface, and everyone ’s life is not bad, but do n’t forget that they also have children. It ’s not uncommon for two adults to have four or five, or even seven or eight children. .
The incentives and subsidies put by our government now seem to be enough for them to raise children in the short term, but don't forget the existence of inflation. As the economy develops, price increases are inevitable.
We can't guarantee that each of them's incomes can rise simultaneously. The pensions now don't seem to be much, but what about the future?
Now it is 1.8 million people receiving pensions. I am afraid that after 10 years, it will be 380,000 people, or even 4oo people, receiving pensions. However, it is impossible for our contributors to double in ten years!
And this base of payment will continue to increase? What if we wait for decades and the population is aging?
What if one day, our society becomes a four-generation family, or a five-generation family?
Ten young people can support one old man, everyone can bear it, five young people can support one old man, everyone can also bear it, but one young man supports several old people. It is estimated that this is going to kill our offspring!
Don't rush to deny this possibility. With the deepening of industrialization, it is also inevitable that the birth rate of the population will decline. At the same time, the earth's population carrying capacity is also limited. It is also inevitable that this situation will break out someday! "
Constantine was dumbfounded, and everyone was dumbfounded, who thought it was a simple problem, but now it has become a complex social problem.
What should I do? Ferdinand didn't know what to do! Relying on the social endowment insurance system will definitely not solve Bulgaria's future endowment problem unless it reduces the life expectancy of the whole society or continuously increases the payment period and reduces the pension period.
In this case, it is better to open this issue directly to the whole society and let the Bulgarians decide for themselves whether to establish this pension system!
That's right, Ferdinand is not planning to jump into the huge pit of welfare. Now it is the beginning of the 20th century. The wealth created by the whole society is limited, and it is impossible to endlessly improve social welfare.
The pension system is still to be established. It is just that the standard cannot be as high as the outside conjectures. With the development of society and economy, humans consume more and more limited social wealth in the issue of food.
Therefore, the establishment of a minimum living security pension is in line with the actual situation in Bulgaria, but to establish a pension system that is equivalent to the income of ordinary workers, then it is unnecessary to talk about it, he does not want to pit offspring!
Whether or not to pay endowment insurance is left to the people to decide for themselves. It is not possible for the government to establish a relief agency in the future.
Seeing the stunned expressions of everyone, Ferdinand knew that these issues were not in their consideration. No way, this is also a reality. How many politicians will consider the problem decades later?
If everyone thinks so long-term, Europe will not decline in future generations. Most countries are dragged alive by high welfare!
"Well, I hope you can study this issue in depth and consider it more comprehensively. At the same time, you must explain the situation to the whole society and see who has any good way to solve this problem!" Ferdinand said again
Chancellor of the Exchequer Kennedy thought for a moment and said, "Sir, can we solve this problem through taxation?
For example: collect personal income tax, achieve this by raising taxes on high-income people, without passing this burden on to the whole society! "
Ferdinand shook his head and said: "Personal income tax can be collected, but relying on this to solve the problem of pensions is tantamount to foolish dreaming!
And it is very troublesome, maybe the money received is not enough to pay the tax staff!
We simply ca n’t supervise it. Capitalists have a way to avoid taxes and personal income tax. In the end, they can only collect some middle-class money!
For example: What if the company does not pay dividends? They even gave themselves a low salary of 1 Lev, put all their profits on the corporate accounts, and all their expenses could be spent on the company account, without affecting their daily lives at all!
You can never collect personal income tax according to his company's finances, right? "
Kennedy reluctantly said, "What if the estate tax is levied?"
Ferdinand shook his head and said, "The estate tax must not be collected!
Levying inheritance tax will have very bad social impact and even affect Bulgaria's national stability!
We are now encouraging everyone to invest in industry. Who would dare to invest in industry if the government wants to collect estate tax?
Once the assets become real estate, your inheritance tax rate will be slightly higher, and the heirs will not pay the gold tax. What should I do?
Does it make the company go bankrupt directly? Or does it mean that the government can still accept that the shares fail? If so, maybe it won't be long before our state-owned enterprises are left in Bulgaria!
More often, the capitalists signed an agreement on estate disposal before they died, such as selling the business at a price of Lev. Is it necessary to collect this tax?
Of course, we can also collect according to the actual value of the enterprise, and the consequences are back to the previous question. The enterprise either goes bankrupt or the government accepts the shares! "
Kennedy was silent. As long as Bulgaria's economic body was industrial, it was doomed that the inheritance tax would not work. There is even greater resistance. From the traditional force, the whole society will oppose the collection of inheritance taxes!
If this tax is paid, the peasant class will riot. Now the peasant class in Bulgaria is very strong and the most combative class.
The military aristocracy is the spokesperson of the peasant class in the government. In terms of interests, they stand together. Whoever dares to move their land will be killed!
Now all taxes can be collected in Bulgaria, only the inheritance tax cannot be touched, whoever touches who is finished!
Kennedy seemed to think of something, and his forehead had started to sweat coldly, but fortunately, it was proposed at a high-level government meeting, and he would not leak the news.
If he stayed outside, he would be ruined by the proposal of collecting estate tax. Do n’t do well with the Bulgarian people.
As Kennedy looked at Ferdinand again with gratitude, he knew that he had just walked to the gate of the gate, and if it was not Ferdinand to avoid the heavy explanation, he would be finished once the cover was opened!
Of course, what he didn't know was that His Majesty the King was the nucleus against the estate tax. Who made his vest all over Bulgaria?
Once the estate tax appears, he will have the most sour scene, most of the country's inheritance tax is paid by him alone!
How does this work? Isn't this the equivalent of a tax set for him alone?
As the boss of this country, he is already very able to pay taxes. If there is another tax set for him, is there still a king law?
This hidden danger must be wiped out in the cradle. He has decided to add one to the Constitution, and no estate tax will be levied on any real estate or land!
Taking advantage of the current social environment, all vested interests in Bulgaria are members of the opposition to the collection of inheritance taxes, which will directly eliminate this hidden danger!
At this time, many people reacted, looking at Kennedy's eyes, which were a little bad. Even if you want to die, don't you bring that?
Everyone has a lot of fiefdoms? Once the estate tax is levied, one of them is counted as one of them, and they are the main force to pay the tax.
They are all a generation of nobles, and they can get this money, but few! If you do n’t have money, you need to cut down the fiefdoms. Is n’t that killing them?
Ferdinand has been mourning Kennedy for three seconds in his heart, knowing that his future will definitely be difficult. Considering that he still needed the competent finance minister, he opened the siege for him.
"Well, regarding the issue of increasing taxes, stop here, no one is allowed to mention it outside!
The topic of discussion today is the issue of pensions. The government must consider the issue comprehensively, and at the same time, it must be publicized to all sectors of the society about these possible situations.
Establishing a pension system ~ EbookFREE.me ~ This is a long-term social problem. We cannot make a direct decision arbitrarily. We must discuss with all the people in Bulgaria and let them decide whether to establish this system!
And whether to achieve comprehensive coverage is also a problem. Everyone's income is different, and the economic level of different places is different. How to determine this standard is also a very serious problem!
When the government comes down, we have to go out and see more, and hear what ordinary Bulgarians say. Before the pension system is established, we can establish a social assistance system.
Provide the most basic social assistance to those who have contributed to Bulgaria, who have lost their labor force, have no children, or whose children cannot afford their pension obligations! "
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