1850 American Gold Tycoon.

Chapter 135 Only I Have Mercury
Liang Yao now owns many industries, and his shadow can be seen in almost every industry in California.

Some of these industries make money and some lose money.

Profitable industries such as Hospitals, Bank of America, Fragrant Hills Gold Mining Company, Fragrant Hills Mercury Corporation, San Francisco Port Company, California Catering Company, Sacramento Sawmill, Sacramento Sawmill, California Construction Company, California Garment Factory, California Tools Manufacturing plants, etc., the degree to which these companies make money can no longer be described as daily progress.

Owning just one of these companies can easily make you a millionaire with quality companies.

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

Of course, many industries under Liang Yao are operating at a loss, such as the Global Shipping Company, the San Francisco Shipyard, the San Francisco Steam Engine Manufacturing Plant, the California Telegraph Bureau, the California Railway Company, and the California Coal Mine that has just been put into construction. factories, steel mills, cement plants, etc.

These companies basically rely on the above-mentioned profitable companies to subsidize them to maintain their operations, and it is unlikely to turn losses into profits in the short term. Liang Yao has also made preparations for long-term losses.

Another more realistic problem is that there was no state government in California before, and California still existed as a quasi-state last year.

In other words, Liang Yao didn't pay a cent of tax in the whole year of last year.

Of course, not only Liang Yao did not pay taxes, but everyone in California did not pay taxes.

The United States did not expect that California would develop so rapidly, so the management of California is quite casual, and there are no basic government departments, let alone taxation.

Now that the state government has been established, the basic organizational structure of the California government has also been set up, including the state tax bureau.

Since Robinson took office, he has complained to him repeatedly, complaining that the California government has no money and that government work cannot be carried out.

Liang Yao can be said to be in control of the sky in California now, and the legislature is controlled by him. If he doesn't want to pay taxes, of course there are many ways to not 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 all on his every move. If he doesn't pay taxes, those people will follow suit.

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

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

As long as the money can be used for construction in California, he can accept 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 report to pay taxes.

If taxes are paid on a company-by-company basis, with Liang Yao's earning power, the taxes paid by those profitable companies are astonishing. If the financial reports of loss-making companies are included, the group's profit figures will not be so good. You can also pay less tax.

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

As for anti-monopoly, the anti-trust law is still something that doesn't even have a shadow.

In fact, before and after the Civil War, it was the period of brutal and rapid growth of those familiar capital giants in later generations, and monopoly was the main theme of this era.

From Astor to Vanderbilt, they did it because they knew that the monopoly business was the most profitable.

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

Kony said while carefully copying the logo of Jardine America on the paper.

"Senior Strauss also said that although he has studied in college, many of your ideas have exceeded his cognition."

"Don't rely on your senior for everything. You have to learn to do many things, which is good for you."

Liang Yao is also working on designing the logo of the group company, but he doesn't have much talent in design.

The logo is very simple. It is a globe centered on a map of the Americas, and the Group of America is written in both Chinese and English on the equator.

Said that Cao Cao had arrived, Strauss and Sven knocked on the door of his study, Liang Yao saw them coming, 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 with military and government affairs before. I dare not disturb you about the affairs of the group company, for fear of disrupting your rhythm."

Strauss took off his black bowler hat, hung it on a nearby hanger, and took a seat.

"I have tried to merge these companies into a group company according to your request, but there are some details. You still personally preside over the matter of merging the company into a group."

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

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

Strauss handed over the portfolio.

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

Liang Yao opened the file bag and flipped through the files 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 relief policy for newly established industrial and mining enterprises (excluding gold mining) and manufacturing industries.

At present and for a long time to come, the gold industry will still be the pillar industry of California, and those state legislators in the state assembly are all involved in the gold industry. It is inevitable that they will have opinions on excluding the gold mining industry from the tax relief policy.

Those state legislators also came to Liang Yao many times, hoping that Liang Yao could include the gold mining industry in the list of tax relief policies.

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

The tax reduction and exemption for the gold mining industry in California, the tax in California is still a fart, and the tax bureau will close its doors as soon as possible.

"Hell, how did you get these guys to vote for this tax bill that would cut their flesh off of them."

Sven leaned forward to look curiously at the California tax bill in Liang Yao's hands, and was very surprised that this bill could be passed by the state assembly.

"It's simple, I don't sell mercury to those who don't vote yes, there are a lot of people in California who have gold, but only I own mercury."

Liang Yao said lightly.

This is just one of his methods, and the resource he monopolizes in California is not only mercury.

What has been done with the New York consortium works with restless state legislators.

It's a lot easier to deal with restless state legislators in California than those tough, smelly guys in New York State.

(End of this chapter)