Chapter 305: Is There Any Way to Push the Tax Bill Forward?

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 passed it after all."

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

"100 billion, this is our 100 billion. In the end, we will still get the advantage of those people from the W country."

Although they had been mentally prepared for it for a long time, seeing this bill finally passed the House of Representatives, countless people across the country still inevitably sighed.

After all, this is 100 billion in funds, not a small amount of money.

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

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 100%, but at least 100%. 90% will pass.”

“It’s so easy for Congress to take away hundreds of billions of dollars that we have worked so hard to get by just introducing a bill.”

After all, they spent countless days and nights on tracking down the Sackler family, Satoshi Nakamoto, and the cryptocurrency companies to receive this 100 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.

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

Simmons' words actually woke him up.

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.

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

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

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%.

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.

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

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.

Otherwise, do you think Bill Gates, Buffett, Zuckerberg and other famous rich people listed on Forbes are really so caring and always preach that they will donate their property and not leave too much to their children?

In fact, Bill Gates and his wife have already established the Bill and Melinda Gates Charitable Foundation, and have successively donated their property to this foundation over the years.

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

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

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

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

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.

Take Apple, for example. They paid less than $6 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 6 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, thereby reducing the amount of tax paid in high-tax countries (such as the United States).

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

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

Secondly, Apple also further reduces its tax burden by setting up special purpose companies in Ireland to transfer profits to tax havens such as the Cayman Islands.

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

In addition to Apple, a number of well-known companies such as Google, Weisoft, and Oracle mentioned earlier basically adopt such tax avoidance strategies.

And if a bill can be introduced to restrict these off-site tax avoidances, then these companies will no longer be able to enjoy such tax avoidance methods, and the tax revenue that can be brought in will definitely be an astronomical figure among astronomical figures!

Of course, this idea is just a prototype for David.

You know, the black tax bill can be passed in Congress, which has already cost the IRS a lot of effort.

The reason why this bill was passed was mainly because its original intention was to crack down on criminals, and it did not explicitly infringe on the interests of interest groups and dignitaries. It was finally passed under the compromise of various forces.

Now David wants the fund tax bill and the off-site tax avoidance bill, which are both aimed at clearly attacking the core interests of major financial groups and interest groups, no less than directly cutting their flesh with a knife. Therefore, it can basically be described in four words that it is as difficult as ascending to heaven to pass it!

However, although it is difficult, if any of these two bills can be promoted, the returns brought by it are definitely not comparable to the black tax bill. This may even ease the current fiscal deficit in the United States, thereby stimulating economic recovery.

If this is the case, then the reputation he can gain, let alone enough to support him to enter the General Administration, is even possible to support him to the highest throne.

In short, in one sentence, the risk is high, but the benefits are also high.

But whether to do it or not, David is not going to make up his mind now. He still has to observe the reactions of all parties after the passage of the W-aid bill and the deployment of the General Administration.

…

On the third day after the W-aid bill was passed by the House of Representatives, the Senate completed its review of the bill and voted on it.

The result was not unexpected. The Senate passed the bill with a large advantage of 61 votes to 39 votes.

After a bill is passed by both the House and the Senate, the last step is for the president to sign it, and then the bill will officially take effect.

The White House was the main promoter of this bill. When it saw that the bill was passed smoothly by both houses, it naturally signed it as quickly as possible and announced it to the whole country.

At this point, the W-aid bill came to an end.

July 29, 3 pm.

David was handling 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 answered it immediately: "Mr. Sean."

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

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

"Washington."

David fell silent. The General Administration must have known that he had reached a deal with the Angsa Group. It was nothing more than turning a blind eye.

But if he wanted to attend the celebration dinner held by the Angsa Group, it would be different. This might make some senior officials of the General Administration dissatisfied.

After all, you, David, are from our tax bureau. Now that the Angsa Group is holding a celebration dinner, you ran 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 seek more benefits for the Angsa Group?

"Director David, I think you should attend it, because I heard that many big figures from the Ansa Group will come this time, and with the passage of the W Aid Act, the Freemasons have already taken action. At this time, it is very important to win the continued support of the Ansa Group."

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

First, as Sean said, now with the passage of the W Aid Act, the Freemasons will take action, and it will be very useful to win the support of the Ansa Group.

Second, if many big figures from the Ansa Group will come this time, then this is a once-in-a-lifetime opportunity to find out their bottom line.

When we get to the banquet, we just need to use the plug-in to examine them and get some core secrets of the group, then we may have a chance to control the group in the future.

"What do you think, Chief David?"

"How about this, Mr. Sean? Let me think about it and give you a reply later."

"Okay."

After hanging up the phone, David immediately dialed Donald's number and told him that he wanted to attend 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 had come to Washington specifically to report on his work, and then attended the dinner by the way, the resistance would have been 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 out of the car and stepping into the gate, whether it was David or Neeson 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!