Chapter 23 (1/2)
Seventy percent!
Don't you take 70 silver coins for a gold coin
Fiona nodded: ”this tax rate is 20% higher than the standard tax rate set by the Empire, so the residents of Ellington are very poor.”
“……”
Donne is speechless. Is 50% less?
It seems that he knows too little about the world. After all, it was just a game at the beginning, but now it is a real world.
”In addition, there are some messy things, but they can be solved later. Now the most important thing is this matter.”
Donne was stunned: ”huh?”
”Ah, my Lord!”
Fiona looked stunned: ”As a lord, after taking office, of course, you have to promulgate a new tax law in the territory. This is the Lord's right. You can continue to maintain Hogg's tax rate. The residents of Ellington are used to it. I believe they won't have any opinions. You can also announce tax cuts, so that they will support you more and be more loyal. It all depends on your choice!”
It's wonderful that Donne scratched his head and decided the lives of thousands of residents in one sentence.
”Well... Let's cut taxes. 70% is too high. I think... One achievement is OK?”
In his previous life, Donne had a headache for all kinds of inexplicable taxes. He knew how much people hated taxes, so he couldn't stop collecting heavy taxes.
But unexpectedly, as soon as he said this, Fiona stared round her eyes: ”Lord, aren't you kidding me?”
”Of course not... What's the matter?”
Seeing Fiona's reaction, Donne knew what he might have said wrong and immediately blushed.
”What's wrong? You can tell me!”
After all, he hasn't studied economics and doesn't know much about it. It depends on Fiona.
Fiona's face was tangled. If she didn't know that Donne was strong, she really wanted to leave now.
”10% tax rate... It's really thanks to your export!”
Fiona looked like she hated iron but not steel: ”if it's only a 10% tax rate, do you want to sit down?”
”What's the impact?”
”Yes! Of course! And it's important!”
Fiona said decisively: ”As a lord, you need to support the army? And the maintenance of various public facilities here in Ellington needs to be paid from the Lord's finance. Of course, you can get their support if you reduce the tax, but if you want to repair the square, repair the roads and add armor to the soldiers later, do you expect them to understand you and donate generously to you?”
Donne scratched his head, thought about it and shook his head.
”Yes, people will be grateful when the policy is beneficial to them, but if you want to take the money in their hands again, it will not be so simple. They will hate you and forget in the twinkling of an eye that they will get more income because of you.”
”Therefore, if you want to maintain your rule, tax is essential. This is also your most important income. You must not decide at will!”
Donne asked modestly, ”what do you think I should do?”
”Lord, since you prefer to reduce taxes, in my opinion, you can reduce taxes by half first.”
”Half a percent? Too little?”
”Don't feel half done.”
Fiona glared at Donne: ”if Ellington develops well next, this half tax will be worth tens of thousands of gold coins - tens of thousands of gold coins, you won't have a word!”
Speaking of this, Fiona feels that there are a little more tax cuts in Chengdu.
”Well...”
”And if you cut taxes, you can't do it in one step!”
Now that the tax reduction policy has been decided, Fiona simply continued: ”if you reduce the tax burden once, they will only appreciate you once. It will not be so easy to rise again in the future. Therefore, this should be a long-term process, and they must leave room for turning around.”
”If there is any crisis in Ellington, people will be floating. If there is room, we can reduce taxes again to get the support of residents.”
”Taxation is a means to maintain rule and economy. It must not be too arbitrary.”
Donne was stunned when Fiona finished.
Her idea has been very close to the economic theory on earth. Who says that people in other circles have low IQ? Stand up and I promise not to kill him!
Seeing Donne's dull face, Fiona held her forehead and suddenly said, ”I've decided!”
”What?”
”In order to prevent Ellington from being spoiled by you and to maintain Ellington's peace, I, Fiona golden rose, will be Ellington's treasurer from today!”
If Donne is allowed to fiddle with Ellington, I'm afraid Ellington will be spoiled by Donne soon. He can pat his ass and leave, but what about Fiona? Where can she go? She's homeless except here.
To exaggerate, this is not her home.
... maybe this will become her home in the future?
Fiona didn't want to make her future home a mess. She was so excited that she suddenly grabbed Donne's hands and said solemnly: ”Lord, although my words may make you unhappy, I hope you can seriously consider it.”
”- huh!?”