Chapter 132: Only I Have Mercury

Liang Yao now owns a wide range of industries, and his shadow can be seen in almost every industry in California. Google search reading

Some of these industries make money and some lose money.

Profitable industries such as hospitals, Bank of America, Xiangshan Gold Mining Company, Xiangshan Mercury Mining Company, San Francisco Port Company, California Catering Company, Sacramento Sawmill, Sacramento Saw Building Materials Factory, California Construction Company, California Garment Factory, and California Tools Manufacturing plants, etc., the profitability of these companies can no longer be described as making money every day.

As long as you own one of these companies, you can easily become a millionaire with a high-quality company.

What's more, the main shareholders of these companies are still the same person.

Of course, many of Liang Yao's industries are operating at a loss, such as the Universal Shipping Company, the San Francisco Shipyard, the San Francisco Steam Engine Manufacturing Plant, the California Telegraph Office, the California Railroad Company, and the recently constructed California Coal Mine. factories, steel plants, cement plants, etc.

These companies basically rely on the above-mentioned profitable companies to subsidize their operations and are unlikely to turn losses into profits in the short term. Liang Yao is also prepared for long-term losses.

Another more practical problem is that California did not have a state government before. Last year, California still existed as a territory.

In other words, Liang Yao did not pay a cent of tax throughout last year.

Of course, it wasn’t just Liang Yao who didn’t pay taxes, everyone in California didn’t pay taxes either.

The United States did not expect that California would develop so rapidly, so the management of California was quite haphazard. It did not even have basic government departments, let alone taxation.

Now that the state government has been established, the basic organizational structure of the California government has been established, including the state Department of Revenue.

Since taking office, Robinson has complained to him repeatedly, complaining that the California government has no money and cannot carry out government work.

Liang Yao is now a man of power in California, and the legislative body is controlled by him. If he doesn't want to pay taxes, of course there are many ways not to pay taxes.

But for the long-term development of California, he cannot take the lead in not paying taxes.

The eyes of other taxpayers are watching his every move. If he doesn't pay taxes, those people will follow suit.

If he paid taxes, those people would not dare not pay taxes.

Anyway, the current California government is just like him, and the taxes handed over are nothing more than pouring from one pocket to another.

As long as the money can be used for construction in California, he's fine with it.

By forming a group company, Liang Yao will be able to consolidate the financial reports of all his companies into one group company's financial reports and submit them to taxes.

If taxes are paid on a company-by-company basis, with Liang Yao's earning power, the taxes that profitable companies have to pay are astonishing. If the financial reports of loss-making companies are incorporated into it, the group's profit figures will not be so good. How much? You can also pay less tax.

Of course, this is only one of the reasons. Merging its companies into a group company can also facilitate overall management.

As for antitrust, antitrust laws are still something that doesn’t even have a shadow.

In fact, before and after the Civil War, it was the period when the familiar capital giants of later generations grew wildly and rapidly, and monopoly was the main theme of this era.

From Astor to Vanderbilt, they all did this because they knew very well that monopoly business was the most profitable.

"Your industry is too large and complicated, and what I learned in business school is simply not enough. Senior Strauss said that he will help me complete this matter in his spare time."

Kony said while carefully copying the American Jardine logo on the paper.

"Senior Strauss also said that although he went to college, many of your ideas were beyond his cognition."

"Don't rely on your senior for everything. You have to learn to do many things. This will be good for you."

Liang Yao is also working on designing the group company's logo. He does not have much talent in design.

The logo is very simple. It is a globe with a map of America as the center, and the Americas Group is written in both Chinese and English at the equator.

When Cao Cao arrived, Strauss and Sven knocked on the door of his study. When Liang Yao saw them coming, he put down his pen and received them.

"I'm sorry, boss. I happened to overhear the conversation between you and Mr. Kony just now. You were busy dealing with military and government affairs. I didn't dare to disturb you about the group company's affairs for fear of disrupting your rhythm."

Strauss took off his black bowler hat, hung it on a clothes rack nearby, and found a seat to sit down.

"I tried to merge these companies into a group company as you requested, but I couldn't handle some of the details, and you are someone who pays special attention to details, so I suggest you Or personally preside over the matter of merging the company into a group."

"How is the discussion on the tax bill in the state assembly going?" Liang Yao raised his head and asked, "Governor Robinson has been pushing for this matter. Without taxation, many tasks of the California government cannot be carried out."

"I came to you exactly for this matter. You have expressed your position in the state assembly before. Although the legislators had some opinions, the tax bill was passed with a high vote."

Strauss handed over the file bag.

"This is the tax bill document, please take a look."

Liang Yao opened the file bag and flipped through the documents handed over by Strauss.

In order to encourage the development of local industrial and mining enterprises and manufacturing industries in California, the tax bill has a five-year tax reduction and exemption preferential policy for newly established industrial and mining enterprises (excluding gold mining) and manufacturing industries.

At present and for a long time in the future, the gold industry will still be the pillar industry in California. All the state legislators in the state legislature are involved in the gold industry. It is inevitable that they have opinions on excluding gold mining from the tax reduction and exemption policy.

Those state legislators have also come to Liang Yao many times, hoping that Liang Yao can include gold mining in the list of tax reduction and exemption policies.

Liang Yao refused this proposal without even thinking about it, and his attitude was very tough and resolute.

If the tax on California's gold mining industry is reduced, then California's tax revenue will be a fart, and the tax bureau should just close down as soon as possible.

"Damn it, how did you get these guys to vote for this tax bill that cuts off their flesh?"

Sven came forward and looked at the California tax bill in Liang Yao's hand curiously, and was very surprised that this bill could be passed by the state assembly.

"It's very simple. I won't sell mercury to those guys who don't want to vote for it. There are many people in California who have gold, but only I have mercury."

Liang Yao said lightly.

This is just one of his methods. The resources he monopolized in California are not just mercury.

The method used to deal with the New York consortium is also applicable to those restless state legislators.

It's much easier to deal with the restless state legislators in California than those hard and smelly guys in New York.