Reborn American Tyrant

#205-Chapter 205

Lao Mei’s system is a bit similar to the enterprise annuity system of the Chinese dynasty. For people with relatively high incomes, this system is still good.

401 accounts are basically tax-free, unless you pay more than required.

For the securities industry, this is a major benefit. The investment direction of these accounts is mainly securities assets.

From the perspective of future generations, this thing is really great.

As for the current situation?

It's just a sad reminder.

Tax exemption is good, and it is also great to add some retirement protection, but there is a problem, your investment must be profitable.

The current U.S. stock market competes with the Tianchao stock market. It is impossible to make money. As long as you don't lose money, you are genius.

what?You say William White.

Please, no matter how powerful he is, he is also an individual. The amount involved in the 401 plan is very large. It is impossible to invest heavily in those high-tech stocks. They like blue chip stocks.

The idea is very good, and it was okay when it was first launched. It is a pity that the Dow has been jumping for two days, and then it started to weaken again.

"William, your company is all involved in the 401 plan?"

"Of course, this tax reduction plan is not bad, why not participate?"

Xiao Busu was speechless for a while, you are very calm here, but Peanuts are noisy.

"As soon as you invest, you lose money, what exactly is this operation?"

"Oh, how can you look at it this way, this Dongdong cycle is at least 20 years, and your one-month data is useful, and this thing does not need to be published."

Elephants hope to stimulate the economy. For them, the 401 plan is a big killer. The current situation is not what they want to see.

"Father, he said that one month is useless, and twenty years is almost the same."

"Hey, do I know how long it will be. This guy seems to be very cooperative with this plan. I just want to know the reason."

"The reason is not simple. He doesn't like those guilds. This is what they use to stop people's mouths."

"Tsk, these bastards are rubbish."

William White’s business and guild organization are very difficult to mix, except for the companies he acquired, these guys are very difficult to expel.

The new company is funny, there are almost no guild members.

Generally speaking, the guilds of large enterprises are more powerful, and the welfare benefits of these enterprises are also better. Small and medium-sized enterprises are not supervised by anyone, and the treatment is naturally worse.

William White is special here. You say he is a small and medium enterprise?That is basically nonsense.

In this era, companies with assets of more than 100 million are no longer small businesses, and companies with 2 billion are already behemoths.

The crux of the problem is that this guy's business is very weird and the number of employees is very limited.

Well, this limitation is also relative, and the absolute number is not a lot. For example, the game company has more than 2,000 employees, but brother, you are a company with a valuation of more than 2 billion, and it’s about 10,000 people. Why is there only more than two thousand?

The California government has talked to him many times, as long as you open a factory, all conditions are easy to talk about.

To be honest, these conditions are still very good, but it is a pity, who is William White?To him, the promise of a politician is basically the same as greeting, and it means the same as nonsense.

Let alone this era, it is impossible to build any factories in 2020.

On the surface, the land price in Laomei is low, and the tax is not too outrageous. Although the wages of workers are somewhat high, they are still within the acceptable range.

Philson, let me tell you this, we said that the salary is good, the foot basin is about 50% lower than ours, and the monthly income of the Chinese dynasty is at most 200 dollars, which may be even lower."

"Well, you are right. Their income is bullish. It may not be ten years before the income of the foot basin will be close to ours. I said that, even if the income is the same, the production cost of the foot basin is still lower than ours, at least lower. 20%."

"Boss, I really don't understand why this is."

"Haha, don't talk about you. I am also very tempted by the conditions in California and Texas, but no, as long as there are large factories, our business will be covered by the guild, and they are all crazy."

"Will it be so serious?"

"Well, let's go to Detroit for a round. I'll let Max pick a few people to accompany you."

"Boss, would you invest in cars?"

"Why not? The current troubles are all caused by the guild. It would be fine if I don't open a factory in the United States."

William White is a bit extreme. The guild is indeed part of the reason, but in fact there are other problems. The specifics are unclear.

He remembered very clearly that there was a silly 13 in Baodao, who was fooled by economists and went straight to invest in the United States and set up a factory.

The end result is that there is no way to start work unless you transport the workers over.

Land is cheap, construction costs are not high, and electricity costs are OK. As for workers’ wages, they are not too expensive.

what?You need fifty thousand workers. That's great. We will definitely support them.

Of course, if you are lucky, you can come to two thousand people is God's eyes.

No matter how high the unemployment rate in Lao Mei is, you can't find too many workers, especially those in simple manufacturing.

As for the overtime you are expecting, 10% of people are willing to work overtime. No matter how much it is idiotic, unless you are all Chinese.

Lao Mei’s workers are really lazy, and they don’t like too simple work. If you want this group of bastards to make Apple mobile phones, it is estimated that you need to sell at least two thousand dollars, otherwise you will lose money.

By the way, it can produce up to 100,000 units. As for the order of 10 million units, it is impossible to complete, and two thousand dollars will not work.

"Max, you said this is Detroit?"

"Yes, it's not bad here, you should not go to other places."

"How come there are so many idle guys?"

"The boss said that this is a sin city. I agree with this statement. As for why this is the case, the guild needs at least a large part of the responsibility."

"The unemployment rate here must exceed 20%."

"Haha, more than that, there is no way to look at the official data. It's over here, it's better to completely destroy it."

"Damn it, the guild seems to be making trouble recently."

"Yes, asking for an increase in income, hehe, this is going to go bankrupt, how can I increase it?"

According to William White, companies and workers are like a couple. Although there are often conflicts, they can still get along.

It's different with a guild. This guy is a lawyer who specializes in divorce lawsuits. If you don't make trouble on both sides, wouldn't they be a display.

Philson returned to Los Angeles and never mentioned the factory anymore. He was just a little confused. How could William White know so much about Detroit since he has never been to Detroit.

Well, I may have been there before. Could it be that the boss discovered this problem many years ago?

That should be the case, otherwise there would be no way to explain it. Capitalists naturally don't like guilds, but they are not so extreme.

Alas, this is also a trouble. Keeping the guild outside may not matter in the short term, but it is absolutely impossible to do so in the long term.