The capital empire of the city

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Time was lost in Yang Fan and Wang Haoran chatting.

When Yang Fan, Wang Haoran, and Wang Gang came to the scene of the manor charity evening, the evening party was about to begin.

No, the three of them had just taken a glass of red wine from the waiter’s tray when they saw the host of the evening party holding the microphone and walking onto the makeshift stage.

“Gentlemen and ladies, welcome to the annual large-scale charity evening held by our Chinese Mutual Aid Association.”

“Looking back on the past year, it has been a stormy year for us Mutual Aid Association, it is………..”

“Here, we should be grateful, heartfelt gratitude…”

“Now I announce the official start of the charity evening.”

“Snap~~” The crowd applauded.

The applause stopped.

The host continued: “This evening charity meeting is divided into two parts, one is to elect the list of candidates for the board of directors, and the other is the charity auction. ”

“Now let’s start the first stage, to run for the list of candidates for the board of directors.”

“As we all know, we elect three candidates for the board of directors every term of the board election.”

“In my hands is the list of candidates recommended by the current governors, the level of state leaders, and the state delegation.” The host raised the document in his hand and said.

“In this year’s board election, the five directors recommended a director candidate, he is Yang Weilong from Montana, and his recommender (director) is Hong Lao.”

“This year’s state leadership level jointly recommended six candidates for the board, they are Chen Xinke from Texas, Lin Jie from Nevada, Liu Wenyu from Utah, Wu Jianhua from Colorola, and Zhang Songlin from Iowa.”

“This year’s top ten state delegations recommended two candidates for the board of directors, one is Liu Jiajie, a director candidate recommended by the Oregon delegation, and the other is Yang Fan, a board candidate recommended by the Canada Welfare Asia (California) delegation.”

“I have invited the nine board candidates I just read about to come to Taiwan.”

The host’s words fell.

Someone from the audience walked to the stage.

At this time, Yang Fan was a little inexplicable when he saw this situation.

He participated in such a campaign for the first time, and he did not know why he came to power now, nor did he know what to do when he came to power.

Looking at Wang Gang, who was standing beside him, his head turned, and he immediately asked Wang Gang: “Gangzi, I will wait to go on stage, what do I need to do?” ”

“Boss Yang, you don’t know the process of running for the director!” Wang Gang asked in surprise.

“Hurry up and say what else am I doing now on stage?” Yang Fan hurriedly asked after two council candidates came to power.

“It’s very simple, it’s a detailed introduction one.” Wang Gang said. After he said this, he thought that Yang Fan had only recently joined the club, and he might not understand many things, so he thought about it and said: “Boss Yang, when you introduce yourself, you must be as detailed as possible, mainly highlighting how much financial resources you have.” ”

Yang Fan listened to Wang Gang’s words and understood in seconds.

But some couldn’t believe it, Yu confirmed Wang Gang and asked: “Gangzi, do you mean that coming to power now is more than financial strength, who is richer and who wins?” ”

“Yes, that’s what it means, the nine council candidates who are now in power are all people with enough influence to qualify to become a director, and now they are not running, so they will not vote, but to choose three real director candidates, the comparison is financial resources, whoever has more money wins.” Wang Gang explained.

“I’m grass, this kind of runoff is a bit barbaric!” Yang Fan scolded speechlessly.

The way he campaigned was very different from what he had imagined.

He thought that this kind of election would get all the people in the audience to vote, and then three board candidates would be selected, and then move on to the next round of real board elections.

As a result, Nima, directly asked the nine council candidates to introduce themselves, to see who had more money, and the top three became the real director candidates.

“You just knew? The capital society is who has more money and who is the boss. ”

“Alright! Without further ado, I went on stage. Yang Fan said after seeing that there were already five candidates for the board of directors.

“Well, Boss Yang, don’t hide your strength, otherwise, be careful that everyone doesn’t buy your account.” Wang Gang explained with a smile.

“Got it.”

Not long after Yang Fan arrived on the stage, all nine council candidates took the stage.

At this time, the host continued to speak: “There is a director recommendation below, Mr. Yang Weilong stepped forward to introduce yourself.” ”

“My name is Yang Weilong, I am 42 years old, I am from Montana, and I am currently the chairman of his family’s family business, Star Science Group, which has a total market capitalization of 160 billion US dollars, and I own 26% of Star Science Group.”

Note: Here is to explain why the candidate does not cheat in such a campaign, and does not let his family, loved ones, and supporters transfer their shares to the candidate, so that the candidate can win.

In fact, the reason is very simple, tax problems.

The gift tax rate and inheritance tax rate in the United States are the same, and there are 21 levels of excess progressive tax rate, the lowest tax rate is 8%, and the highest tax rate is 50%.

Starting at $100,000, $100,000 is subject to $8,000 in taxes.

$1 billion, the tax rate is 45%, which means that if someone gives (inherits) an item worth $1 billion to you, you have to pay 450 million in taxes.

$5 billion, a top tax rate of 50 percent, meaning $2.5 billion in taxes.

The specific will be determined according to the value of the gifted asset (inheritance).

Of course, there are also deductions, and the deduction of part of the taxable gift amount is the balance of the total amount of the gift minus the personal deductions, special deductions, charitable deductions and spousal deductions allowed by tax law.

Therefore, basically no one in the United States will inherit an inheritance or gift assets to others, and most people will set up their own funds to avoid taxes.

For example, Bill Gates, who donated all his Microsoft shares to his own charitable fund, was a sensation at the time, and people who did not know thought he was a great benevolent person, but in fact he was evading taxes, evading taxes for his relatives to inherit after his death, and giving money and assets to his relatives for him now.

Back to business.

Yang Weilong introduced himself as owning 26% of the shares of Star Science Group, which has a total market capitalization of US$120 billion, which means that he has US$31.2 billion in personal assets.

After Yang Weilong introduced himself, the host spoke again: “The following is a joint recommendation of six director candidates at the level of the current state leader, Chen Xinke from Texas, Lin Jie from Nevada, Liu Wenyu from Utah, Wu Jianhua from Colorola, and Zhang Songlin from Iowa, six people introduced themselves. ”

“I’m Xinke Chen, I’m Chinese New Year’s Eve six, I’m from Texas, and I’m …. Assets of $25.9 billion…”

“I’m Linjie, I’m forty-three, I’m from Nevada, and I’m … Assets of $23.8 billion…”

“I’m Liu Wenyu, this year……..”

———–_

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