Chapter 205: 401 also for nothing

Laomei's system is a bit similar to the Tianchao enterprise annuity system. For people with higher incomes, this system is still good.
401 accounts are basically tax-free, unless you pay more than required.
For the securities industry, this is a major benefit. The investment direction of these accounts is mainly securities assets.
From the perspective of future generations, this thing is really great.
As for the current situation?
It's just a sad reminder.
Tax exemption is certainly good, and adding some retirement protection is also very good, but there is a prerequisite, your investment must be profitable.
The current U.S. stock market has a lot of competition with the Tianchao stock market. It is impossible to make money. As long as it does not lose money, it is genius.
what? You said William White.
Please, he is also an individual. The amount involved in the 401 plan is very large. It is impossible to invest heavily in those high-tech stocks. They like blue chip stocks.
The idea was very good, and it was okay when it was first launched. It is a pity that the Dow jumped for two days, and then it became weak again.
"William, your company is all involved in the 401 plan?"
"Of course, this tax reduction plan is not bad, why not participate?"
Xiao Busu was speechless for a while. You are calm here. Peanuts are very noisy.
"As soon as the investment is lost, what is this operation?"
"Oh, you can see it this way. This Dongdong cycle is at least 20 years. Your monthly data is useful, and there is no need to publish this thing."
Elephants hope to stimulate the economy. For them, the 401 plan is a big killer. The current situation is not what they want to see.
"Dad, he said it was useless for a month, almost 20 years."
"Huh, I still don't know how long it will take. This guy seems to cooperate with this plan. I just want to know why."
"The reason is not simple. He doesn't like those guilds. This is what he uses to stop others' mouths."
"Huh, these are rubbish."
William White's business, guild organization is very confusing, except for those companies that he acquired, there is no way, these guys are difficult to fire.
The new company is hilarious, and there are almost no guild members.
Generally speaking, the guilds of large enterprises are more powerful, and the welfare benefits of these enterprises are also better. There is no one to manage SMEs, and the treatment is naturally worse.
William White is special here, you said he is a small and medium-sized enterprise? That is basically nonsense.
In this day and age, companies with assets of over 100 million are not small businesses, and 2 billion are already behemoths.
The crux of the problem is that this guy's company is very strange, and the number of employees is very limited.
Well, this limited is also relative, and the absolute number is not too much. For example, that game company, there are more than 2,000 employees, but brother, you are a company with a valuation of more than 2 billion, about 10,000 people, What about just over two thousand?
The California government has talked to him many times. As long as you open a factory, everything is easy to say.
To be honest, these conditions are still very good, but it is a pity, who is William White? The politician's promise is basically the same as greetings, which means the same as nonsense.
Not to mention that in this era, it is impossible to build a factory in 2020.
On the surface, you can see that the price of old and beautiful land is low, and taxes are not outrageous. Although the wages of workers are somewhat high, they are within the acceptable range.
Philson, let me tell you this, we said that the salary is good, the foot basin is about 50% lower than ours, and Tianchao's monthly income is up to two hundred dollars, which may be even lower. "
"Okay, you are right. Their income is bullish. It may take less than ten years. The income of the foot basin will be close to us. I say this. Even if the income is the same, the production cost of the foot basin is still lower than ours, at least. 20%."
"Boss, I don't understand what the reason is."
"Haha, let alone you, I am also very moved by the conditions in California and Texas, but no, as long as there are large factories, our companies will be covered by the guild, and they are all crazy."
"Will it be so serious?"
"Ah, so, go to Detroit for a turn, I will let Max pick a few people to accompany you."
"Boss, will you invest in cars?"
"Why not? The troubles are all caused by the guild. It would be nice if I didn't open a factory in the country."
William White was a bit extreme, the guild was indeed part of the reason, in fact, there are other problems, the exact details are unknown.
He remembers very clearly that there is a silly 13 in the world treasure island. After being fooled by economists, he went directly to the United States to invest and open a factory.
The end result is that there is no way to start work unless you transport the workers.
The land is cheap, the construction cost is not high, and the cost of electricity is OK. As for the wages of workers, they are not too expensive.
what? You need 50,000 workers, which is great, we will give our full support.
Of course, if you are lucky, if you can come to two thousand people, it is a god.
No matter how high the unemployment rate in Lao Mei is, you cannot find too many workers, especially those in simple manufacturing industries.
As for the overtime you expect, 10% of people are willing to work overtime, which is not bad, and more of them are foolish, unless you are all Chinese.
Old American workers are really lazy, and they don’t like too simple work. If you want this group of to make an Apple phone, it is estimated that you need to sell at least two thousand dollars, otherwise you will lose money.
By the way, up to 100,000 units can be produced. As for the order of 10 million units, it is impossible to complete, not even two thousand dollars.
"Max, you said this is Detroit?"
"Yeah, it's not bad here, you should not go elsewhere."
"How come there are so many idle guys?"
"The boss said this is a criminal city. I agree with this statement. As for why this is the case, the guild needs to bear at least a large part of the responsibility."
"The unemployment rate here must exceed 20%."
"Haha, more than that, there is no way to look at the official data. It's over here, it might as well be completely destroyed."
"Damn, the guild seems to be making trouble recently."
"Yeah, asking for more income. Hey, this is going to go bankrupt. How can it be increased?"
According to William White, companies and workers are like a couple. Although there are often contradictions, they can still pass.
With the Guild, it’s different. This is a lawyer specializing in divorce lawsuits. If both of you are no more troublesome, wouldn’t they just be a decoration.
When Philson returned to Los Angeles, he didn't mention the factory anymore. He was just a little confused. William White hadn't been to Detroit. How could he know there so much.
Okay, I might have been there before. Is it true that the boss discovered this problem many years ago?
This should be the case, otherwise there would be no way to explain that the capitalists naturally did not like the guild, but it was not so extreme.
Alas, this is also a trouble. Keeping the guild outside the door may be okay in the short term. It is absolutely impossible to do so in the long term.
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