Wall Street Legend

  Chapter 338 revision

  As a super rich man worth over tens of billions of dollars, not much less than Ye Dongqing, he has a certain bearing.

  Others can be seduced by political donations, but this problem does not exist with Mayor Bloomberg. His own money is too much to spend.

The reason why I came to be the mayor of New York is mainly because I have no other pursuits, so I ask for trouble at this age, give up the superior life that others dream of, and squeeze the subway to and from get off work like ordinary people every day. You will suspect that he can't afford a helicopter, or the most luxurious big yacht.

At the level of Michael Bloomberg, plus he specializes in financial news, how could he not know what tricks are hidden in the tens of thousands of so-called charitable trusts across the United States? In summary, it is nothing more than "tax avoidance" These two words are all.

The tax rate of the rich is often lower than that of the middle class, and the inheritance tax is almost in name only. There is such an operable loophole in the law, and no one dares to make a fuss about it. If you want to plug this gap, who will suffer the consequences? It is unbearable, and it is simply an enemy of the wealthiest people in this country.

Bloomberg is no exception. He is not interested in taking care of Ye Dongqing's "philanthropy". He just reminded that the tax payment is less. This sentence made Ye Dongqing not know what to say, so he smiled aggrievedly and said: " According to the market price, I think it is acceptable and I will buy it. After the building is completed, the real estate tax will be indispensable, but I plan to keep most of the floors for my own use. I can’t spend more money on this one. Haven't paid it back yet."

   "Why, don't you plan to donate the building?"

Seeing that there is such a Chinese business genius in New York, to be honest, Bloomberg is also impressed by him. Before Ye Dongqing almost had an accident, he found the financial report of Danshui Investment Group and read it. Recently, he has heard some news one after another. He understands that A little debt is nothing compared to the speed at which his wealth has risen.

   Although the old and the young have not met many times, Mayor Bloomberg often hears about things related to Ye Dongqing from others. He probably thinks he is young, and at this moment he is flirting with him unscrupulously.

"...I will donate, but that must be in the future. It's not like you don't know how bad real estate tax is. If it can be tax deducted, I can consider staying in the company. If it is rented out, it can make money, but I am If I use it myself, the cost of holding it is so high that it makes me feel distressed.”

  Ye Dongqing told the truth that the real estate tax in New York is as high as 3%, while in most ordinary cities it is only 1%. In addition to insurance, maintenance, etc., it is a big expense every year.

The house price has risen and the tax has also risen. It may not be more than 3%. What's more, the depreciation of the U.S. dollar in the past few years has not been small. No matter how you hold it, it is not a good deal, and donate it with your left hand and your right hand , rent does not need to be taxed, and real estate tax is also exempted, but this can only be implemented after the foreign debt is paid off.

  New York has many rich people and many companies, but the city hall is the poorest. Since Bloomberg accepted this mess, he has been troubled by issues such as welfare and public expenditure.

Seeing that Ye Dongqing is such a miser, I am full of anger, because everyone is like this, so the tax bureau can't collect much tax, and finally can only shear sheep from the poor middle class. After the old Mayor Bloomberg rolled his eyes Call an official and ask the other party to talk to Ye Dongqing about specific matters.

I measured the painting and picked a lot close to the Hudson River. A total of 420,000 square meters of land was required, which is almost as large as the two Empire State Buildings. The main reason is that I don’t want to be too close to other buildings. close, blocking the light from the lower floors.

The project needs about 300,000 square meters, and the rest can be built as an auxiliary building, which can be rented or sold to the outside world. You can also build a commercial complex by yourself. Even the shape has been thought out, a big snake, a small snake, Or get a snake egg out, the building complex is definitely better than a single building.

The reason why I am so proud is that I have asked Citibank. Loans for land purchases are all available. Even the funds for building buildings can be borrowed from them. The interest is extremely low. The only requirement When Ye Dongqing decides to list those companies, the bulk of the work will be handed over to Citigroup's departments, and the ownership of the building and land will be temporarily mortgaged to them.

  Ye Dongqing was bored on weekdays. Finally, there was something he really wanted to do, and he agreed to it over the phone without saying a word. It was beneficial to both parties. He didn't think any other bank could offer better terms.

At this moment, the price has been calculated, and it needs about two billion US dollars. After the agreement is made, it cannot be obtained immediately. It needs to be discussed and decided by Bloomberg and others. His request is to pay it in four years, which can reduce the loan. Mayor Bloomberg is willing to do this little favor, saying that he will consider it.

It shouldn't be a big problem. After all, purchasing raw materials and hiring workers can also contribute to New York's economy, not to mention the two billion dollars in land sales. You must know that in New York, which has a lot of private land, the city hall has already It's been a long time since I tried to make a lot of money by selling land. It's so easy to make money, and maybe it can also drive the sale of other surrounding land.

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  Working in the city hall in the lower city for more than two hours, Ye Dongqing ran to the architectural design office as soon as it was over, asking them to help revise the plan, and brought the land drawings.

  The construction of the building was far away, and the designer was more sad than Ye Dongqing. The middle-aged Caucasian designer named Ted felt that he would never be able to design a more dazzling building than the Cobra Building in his life.

  As an architectural designer, Ted's ultimate dream is to design a landmark building that will attract the attention of the whole world. It was almost realized, but it was delayed because of Ye Dongqing's temporary change of mind.

A few months passed, just when Ted thought the project was over, Ye Dongqing appeared in front of him again, his face was filled with surprise, and when he heard that he was about to get the land, he was so excited that he almost jumped up , hurriedly asked: "The project will start this year? Are you sure it's true?"

   "Well... this building seems to be cooler than I imagined, I like it."

Ye Dongqing was standing in front of the exquisite model of the building, almost one meter high, made of metal and dark glass, and could even emit light as he imagined. When the light was shining, his eyes lit up, and his body was covered with angular geometric patterns. It can be seen that he was very attentive during the production, which gave him the illusion that he was being stared at by a real cobra, which was very exciting.

He added: "However, the land I bought is relatively large, so I hope you can design a complex of buildings. There is still about 100,000 square meters of land left. How about building two small Cobra buildings of about 100 meters? It would be better to have a little change." , don't all look the same..."

  (end of this chapter)