Chapter 884: The Road Lies with the Yang Family

Yang Qing can be said to have directly exposed Daxia's future development plan.

However, it's not really an exposure; the idea and plan have already been world-famous.

This has long been Yang's scheme.

Yang Qing's exposure, on the contrary, can boost the world's confidence in Daxia.

Yingjiang opposes Daxia, what for? Isn't it just to undermine the world's confidence in Daxia?

Now Yang Qing's move has instead made Daxia very attractive.

Even Zhang Jie hesitated; isn't that the result?

Capital outflow, actually the blow to Daxia is also significant.

Then why not implement an exit tax like others?

Zhang Jie also wants to know, this decided, how much money he managed to move out.

"Yang Lao, Yingjiang and others, many countries have an exit tax."

"Over these many years, Daxia's lost capital has been enormous."

"This is not good for Daxia's economy."

"Then why don't we have an exit tax?"

"If there were one, when would we collect it?"

This question is very realistic.

It puts Yang Qing in a bit of a dilemma.

"Exit tax?"

"This is really a dilemma-inducing topic."

"However, since you asked, I'll say a bit."

"Firstly, some people don't want him to have it."

"The reason is clear to everyone, so we won't elaborate."

"Secondly, this tax is hard to collect."

"How is it hard to collect?"

"Because it's hard to investigate."

"For example, a person has some illicit money."

"You say, would he tell you?"

"How would you investigate?"

"How would you prove it?"

"Even if you have his asset information in hand."

"He can just get a green card without naturalizing; how would you collect?"

"You can't possibly levy an exit tax on someone who just has a green card, can you?"

"Even if he wants to naturalize."

"He can have his wife or children naturalize; his wife and children have no assets, how would you collect?"

"If you give living expenses to his wife and children, would you also have to collect?"

"Having relatives in Yingjiang and oneself holding a green card—what's the difference from naturalizing?"

"Even if he does naturalize, he can still transfer assets via other means, e. g., taking a loan, then after naturalizing, turn the debt into cash."

"For instance, domestically, have overseas children register a company, and have one's own company guarantee the loan for the children's company."

"After the loan is obtained, he naturalizes overseas."

"Although his assets are documented, they have become a party to a debt dispute."

"As long as his children's company doesn't repay, the guaranteeing company must assume the debt."

"This is a kind of asset transfer; how would you investigate?"

"An exit tax is merely a nominal tax."

"Very little can actually be collected."

"Even abroad, it's the same."

"Once people are overseas and assets have been moved out, how would you collect?"

"Unless the other country is willing to cooperate."

"Otherwise you're just arguing; Daxia isn't the world police."

"Collecting an exit tax will cause people to transfer all domestic assets via various routes."

"Not collecting an exit tax, domestic assets generally won't be fully transferred out."

"Now everyone calls this situation 'earning money domestically, spending abroad'."

"As for black money, whether or not there is an exit tax, you can't detect it."

"So to speak, an exit tax is just a tax that sounds good."

"Its actual value is not great."

"Moreover, among Daxia's upstanding citizens, few actually naturalize abroad."

"Those who really flee are often not upstanding."

"Not upstanding, the source of their money is usually problematic."

"Money with a dubious source, even if there is an exit tax, you still can't trace it."

"His meager wages might not even reach the threshold for levying an exit tax."

"As for whether it will be collected in the future, I don't know; maybe it will happen when Daxia starts collecting foreign income tax."

The overseas exit tax primarily targets foreign income tax, that is, global taxation.

If you refuse this global taxation and try to flee, they will threaten you with the exit tax.

Compared with the exit tax, global taxation is negligible; naturally, they bite the bullet and pay it, since at most they collect as much as Yingjiang.

Moreover, they have many tax‑avoidance methods.

Daxia currently lacks the capability for global taxation, or rather, Daxia people's overseas investment level is limited, and tax authorities' reach has not yet extended abroad.

So it's not usable for now.

Alright, that's about it.

The exit tax is just that—nothing as ominous as people claim.

The rich have Daxia as their base, and they can't escape it.

The poor don't even qualify to be charged the exit tax.

As for those who are dirty, who transfer assets.

Even if you try to collect, it's hard to obtain.

Unless you cut off overseas financial services.

Zhang Jie smiled and posed a question he thought could refute Yang Qing.

"Yang Lao, those who hold foreign passports, earn money in Daxia, and then spend it abroad—aren't they constantly draining Daxia's blood?"

"Moreover, can't they invest that money overseas?"

"Isn't that blood‑letting?"

Yang Qing also smiled.

"Kid, I don't know if you know, there's an association?"

Yang Qing's words left Zhang Jie momentarily confused, then he thought of an organization, followed by a wave of fear.

He widened his eyes, staring at Yang Qing in the Live Broadcast Room.

Cold sweat broke out instantly.

You think you've done well, perfectly.

But you alone forgot Jingmen.

What attitude do overseas Daxia people have toward them?

Without overseas Daxia people's support, it's feared that even if you go out, it will be terrible.

You think you're unstoppable, running away with a massive fortune.

But you didn't expect countless jackals, wolves, tigers and leopards outside.

Everywhere there are bare, unfiltered gazes.

"Sorry, Yang Lao, I was just asking."

"Thank you for your guidance, Yang Lao."

"A thousand good things are not as good as one's own nest."

"I think Daxia is pretty good."

"Yang Lao, I won't bother you any more; I'll leave now."

Yang Qing gave a half‑smile, half‑serious nod.

"Hmm, okay, you may go."

Ma De, I've been scheming for so many years—can I still let you all have it easy?

Now Long Shan should have reached a consensus with the Cabinet.

The use of the money is, of course, also in the consensus.

Whether it's to support overseas arrangements or to give back to Daxia.

It will be spent on critical points.

In this world, fleeing is no longer a good option.

In the unseen, countless people are watching them.

Of course, Yang Qing wouldn't say such things.

Even the Capital Gate Club, he's evasive about.

Although it's now out in the open, it's no longer a secret.

In the Live Broadcast Room, many people are also drenched in cold sweat.

Today's Live Broadcast Room shifts from lingering spring rain to a rising killing aura.

They can't help but begin to reassess what they've done.

How's it going out? Why hasn't anyone sent back any news?

Everyone seems to have gone into seclusion.