american tax collector

Has the push for the tax bill in Chapter 305 gotten off to a good start?
Under the attention of the whole country, it can be seen at this time that the Speaker of the House of Representatives on the big screen walked to the stage and announced the official start of voting on the W aid bill.

The next second, the vote data began to appear on the large screen hanging high in the House of Representatives.

At the beginning, the votes for and against were basically even, but as time went by, the gap between the two began to show up.

In just three minutes, the number of votes in favor of passing the bill exceeded 200.

And when it came to 217 votes, countless people across the country became even more nervous, because as long as the number of votes in favor reaches 218, it means that no matter what happens, this bill will definitely pass the House of Representatives.

However, there were no surprises next. Not only did the number of votes in favor exceed 218, it did not stop until it reached 296 votes.

"Alas, I finally passed."

"Not only was it passed, but it was also passed with an overwhelming majority. It seems that there will be no surprises on the Senate side."

"1000 billion, this is our 1000 billion. In the end, we will still get the advantage of those W people."

Although they had been mentally prepared for it, seeing this bill finally passed the House of Representatives made countless people across the country sigh.

For example, today's rich people like to set up family funds.

But having said that, fund tax avoidance is actually nothing.

So can the IRS introduce another bill similar to the black tax bill?

Buffett has also established the Scottish Thompson Buffett Foundation a long time ago, and even promotes that he will donate 100% of his property before his death.

As for the Los Angeles Internal Revenue Service, Nissen smiled, collected the bills on the table, and taunted Simon and Sparky: "Hey, it seems you still underestimated Congress's support for this bill. ”

In the United States, the registration places of a series of well-known companies such as Apple, Guge, WeiRuan, Oracle, etc. are basically in tax havens.

Yes, they worked hard to track down the Sackler family, Satoshi Nakamoto, and those cryptocurrency companies, and finally got such a large sum of money. Congress could easily take it away as long as they introduced a bill.

But setting up a family foundation is different. Rich people can put their assets into this fund in the form of donations. According to the tax laws of the United States, charitable funds basically do not need to pay taxes, even if they do. The payment is very small.

Simmons' words actually woke him up.

Such a high-level tax is as painful for ordinary people, let alone the rich second generation.

After all, this is 1000 billion in funds, not a small amount of money.

But what no one noticed was that David's eyes suddenly lit up after hearing these words, as if he had thought of something.

Otherwise, do you think Bill Gates, Buffett, Zuckerberg and other wealthy people famous in Forbes are really so caring, and they always preach that they will donate their property and not leave too much to their children?
In fact, Bill Gates and his wife have long established the Bill and Melinda Gates Charity, and have donated their property to this foundation over the years.

In other words, if you are a rich second generation, and one day your father suddenly dies suddenly, and if you want to inherit the money, you must first pay half of the family property to the IRS.

"It just introduces a random bill and takes away hundreds of billions of dollars that we have worked so hard to get. It's really easy for Congress to get money."

As for other wealthy people, most of them have their own foundations.

On the surface, this so-called fund is for charity, but in fact, the inheritance tax in the United States is very high, and the highest can reach 50%.

Bucky smiled bitterly and replied: "296 votes, this is indeed an overwhelming number of votes. According to our previous bills, as long as the House of Representatives gets such a high number of votes, then the Senate will not say 90%, but at least %. % will pass.”

As we all know, there are many tax havens in the world, such as the Cayman Islands, British Virgin Islands, Bermuda, and the Caribbean.

After all, they spent countless days and nights on tracking down the Sackler family, Satoshi Nakamoto, and those cryptocurrency companies to receive this hundred billion. This is like laying eggs themselves, but now they are being used by others. A bill was introduced and then taken away, so Simmons could not help but sigh with emotion at this moment.

According to David's idea, if he could introduce a fund tax bill so that taxes here would no longer be exempt, the tax revenue would be absolutely astronomical.

Take Apple, for example. They paid less than $60 billion in taxes to the IRS last year.

You know, this is a company with a market value of more than 2 trillion.

However, it only paid less than 60 billion US dollars in taxes to the IRS a year. This can definitely be described as pitiful, right?

So why does Apple pay so little tax?
First, Apple conducts complex tax arrangements around the world. By establishing subsidiaries in low-tax countries, it transfers profits to these regions, thus reducing the amount of tax paid in high-tax countries (such as the United States).

This strategy was mainly achieved by setting up a subsidiary in Ireland, which has been called "Apple's European headquarters" and has a relatively small number of employees but huge profits.

Apple shifts most of its profits from global sales through this subsidiary, thereby reducing the taxes it pays in the United States.

Secondly, Apple has further reduced its tax burden by setting up a special purpose company in Ireland and transferring profits to tax havens such as the Cayman Islands.

This strategy takes advantage of the differences in tax systems between different countries and shifts profits to areas with lower tax rates, thereby reducing the overall tax burden.

In addition to Apple, well-known companies such as Guge, WeiRuan, and Oracle mentioned before basically adopt this tax avoidance strategy.

And if a bill can be introduced to restrict these off-site tax avoidance, then these companies will no longer be able to enjoy such tax avoidance, and the tax revenue that can be brought will definitely be an astronomical amount of money!
Of course, this idea is just a prototype for David.

You know, it took a lot of effort from the IRS to pass the black tax bill in Congress.

The main reason why this bill was passed was that its original intention was to crack down on criminals, and it did not explicitly infringe on the interests of interest groups and powerful people. It was finally passed with the compromise of all parties.

Now the fund tax bill and the remote tax avoidance bill that David is thinking of are to clearly attack the core interests of major consortiums and interest groups. It is no less than directly cutting their flesh with a knife. Therefore, if you want to pass it, you can basically use four methods. To describe it in one word, it is as difficult as climbing to the sky!

However, although it is difficult, if any of these two bills can be pushed forward, the rewards will definitely not be comparable to the black tax bill. This may even alleviate the current fiscal deficit in the United States, thus Stimulate economic recovery. If this is the case, then the reputation he can gain will not be enough to support him to enter the General Administration, it is even possible to support him to aspire for the highest throne.

To put it simply, the risks are high, but the returns are also high.

But David is not yet ready to make up his mind whether he should do it or not. He still needs to observe the reactions of all parties after the passage of the aid bill and the deployment of the General Administration.

……

Three days after the W aid bill was passed by the House of Representatives, the Senate's review of the bill was completed and a vote was held.

As a result, nothing unexpected happened. The Senate successfully passed the bill with a large advantage of 61 votes to 39 votes.

After a bill is passed by the House of Representatives and the Senate, the last step is the president's signature, and then the bill will officially take effect.

The White House was originally the main promoter of this bill. Once they saw that this bill was successfully passed by both houses of Congress, they naturally signed it as quickly as possible and then announced it to the whole country.

At this point, the matter of supporting the W bill has come to an end.

October 7, 29 pm.

David was dealing with things in the office. The ringing of his cell phone made him stop. He picked it up and saw that it was Sean calling. He immediately picked up: "Mr. Sean."

"Director David, the W aid bill has been passed. The people here at Angsa Group are very happy and plan to hold a celebration dinner. They want to invite you to attend."

Sean's voice on the phone made David startled, and then asked: "Where will it be held?"

"Washington."

David fell silent. The General Administration must have known about the deal he had reached with the Angsa Group, and they just turned a blind eye.

But if he is going to attend the celebration banquet held by Angsa Group, it will be different. This may be dissatisfied by some senior officials of the General Administration.

After all, you, David, are from the IRS. Now the Angsa Group is holding a celebration banquet, but you run over to help. Will you join their camp in the future?

If you join, will you ignore the interests of our IRS in the future and instead seek more benefits for the Angsa Group?
"Director David, I think you should go and participate, because I have received word that many big figures from the Angsa Group will come this time, and with the passage of the W aid bill, the Freemasons have already taken action. At this time, it is important to win the continued support of the Angsa Group.”

To be honest, after some thinking, David actually wanted to attend this celebration banquet, not just to celebrate for Onsa Group.

First of all, as Sean said, now with the passage of the W aid bill, the Freemasons are going to take action, and it will be really useful to win the support of the Angsa Group.

Secondly, if many big figures from the Angsa Group will come this time, then this will be a once-in-a-lifetime opportunity to get to know them.

When the time comes for the banquet, as long as you use a plug-in to examine them and get some of the group's core secrets, you might have a chance to take control of the group in the future.

"What do you think Chief David?"

"Okay, Mr. Sean, let me think about this for a while and I will give you an answer later."

"can."

After hanging up the phone, David immediately dialed Donald's number and told the other party his idea of ​​going to the party.

After listening to the words, Donald replied: "If you go to this banquet, it may indeed cause dissatisfaction with people like Vertonghen and Lahan, but since you said that you will find out about the Angsa Group, it will not affect us in the future. It will be helpful, and it is indeed worth a trip... Well, the tax clearance on the cryptocurrency field has been completed. You will go to the General Administration tomorrow to make a summary of the work, and also talk to us about the follow-up tax direction. "

If David made a special trip to Washington to attend this celebration dinner, it would definitely cause dissatisfaction among senior officials such as Vertonghen and Lahan.

But if David went to Washington specifically to report on his work, and then attended this dinner incidentally, the resistance would be much smaller.

David naturally understood the meaning of Donald's words and immediately replied: "Okay, Deputy Director Donald, tomorrow I will prepare the relevant documents and materials and go to Washington to report to you and the Director."

"OK, see you tomorrow."

After finishing the call with Donald, David called Sean back immediately, and Sean was very happy when he heard that David had promised to come, and even stated that he would introduce many expensive people to him one by one tomorrow night. A big shot in the Satan group.

In this way, the time came to the next morning.

David first came to the bureau to explain some matters after he went to Washington, and then took Nissenbaki-Simons and the other three people to Los Angeles International Airport and boarded the flight to Washington.

After a flight of more than five hours, the plane arrived over Washington and slowly landed at Dulles International Airport.

Because they knew he was coming, the General Administration had arranged the greeting personnel and vehicles early. The group of them were successfully picked up in the car and returned to the General Administration.

Half an hour later, the vehicle the group was waiting for stopped at the entrance of the headquarters.

After getting off the car and stepping into the gate, whether it was David or Nissen Bucky Simmons, there was a sense of expectation and emotion in their hearts.

The last time they were here was several months ago.

At that time, they had just received the notice of being transferred to the Western Suburbs Bureau, but they did not have a clear idea of ​​whether they could successfully complete the tax clearance work in Hollywood and when they would be able to enter the General Bureau.

And now when they come here again, they have not only achieved the success of Hollywood's tax clearance operations; they have also gathered the honors of a series of successful tax clearance operations in the Sackler family, Swiss banks, and the cryptocurrency field.

It can be said that they are only one step away from entering the General Administration, oh no, maybe only half a step away!

(End of this chapter)