Chapter 193 Tai’an City



In an era when the average person's income was less than five taels of silver a year.

Without having to work, one can receive a retirement pension of twelve taels of silver a year—it's like a dream come true.

Therefore, in the minds of the people, becoming a worker in Tai'an City was like passing the civil service exam and getting a permanent position in modern times.

They all changed their lives and stepped into another social class.

Besides workers, Tai'an City also has some merchants and ordinary people.

Li Chang'an distributed grain seeds with a yield of 8,000 jin per mu to everyone and also allocated some land to them.

A family can live comfortably by farming.

Those merchants were also drawn to the wealth of Chang'an.

After all, the people here have real money in their hands.

They all crowded into Chang'an, hoping to earn this money.

Although there are many rules in the city, these vendors are the most law-abiding as long as they can make money.

Li Chang'an did not underestimate these merchants and gave them sufficient respect.

This elevated their status and also increased tax revenue.

The tax system has changed from a 10% tax rate to a tiered tax system.

After all, to achieve tax-free agriculture, it is necessary to increase commercial taxes.

Furthermore, we must vigorously develop commodity trade; only in this way can a cycle be formed.

People pay for their work, then spend the money at merchants' shops, and finally the money returns to the government through taxes.

The government used this money to improve people's lives, stimulate business development, and create a favorable flow of money.

Therefore, even though Li Chang'an had unlimited material resources, he did not completely eradicate commerce.

His Pinduoduo general store only sells daily necessities; he doesn't participate in anything else.

As for items related to people's basic daily lives, Pinduoduo's general store is responsible for selling and pricing them.

What Li Chang'an needs to do is to control the supply of basic necessities and keep prices within an acceptable range.

This will prevent the phenomenon of price gouging in grain.

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