Free Web NovelChapter 1189: Chapter 1191
As soon as she thought of the ranch, a whole lot of things came to mind. Even though Gong Ruini had put this plan into their ten‑year plan, she still had to discuss it with Zhao Xuran.
She needed him to know they had quite a few plans waiting to be carried out in the United States, and the key point was that they didn’t have any money on hand.
Or rather, they didn’t have enough money to buy a ranch outright, so they’d need their main money‑maker to handle it.
"A ranch?" Zhao Xuran looked at Gong Ruini, who was obviously waiting for his answer, and he honestly felt a whole row of black lines on his forehead.
How come they both went abroad just the same, yet Ni Zi somehow knows so much, and he knows so little?
"That... buying out a ranch isn’t cheap, right." Zhao Xuran really couldn’t just tell Gong Ruini, "No money, not even considering it."
But while acquiring a ranch might require a big outlay, you couldn’t say there’d be no return.
"Mm, but we can wait." Seeing how troubled Zhao Xuran looked, she knew he was worrying about the money.
They’d made a lot, but there were just too many investment channels. He, this "old man," had so many ideas and not a single one started up yet, and wasn’t that all because there was no money?
"If we make enough, we can take out a loan to buy a farm." At this moment, Gong Ruini suddenly remembered that stock trading in the United States meant paying taxes, since that was income.
She didn’t know what their tax bill would come to, but as long as the profits were large, what they paid wouldn’t be small.
As a citizen you had to pay taxes, but deep down Gong Ruini really didn’t want to. Only, on American soil, could you not pay taxes?
That would get you on a blacklist and make it hard for them to come to the United States again.
They had to pay tax? Tax on what, exactly—Zhao Xuran was totally confused.
Half asleep, Zhao Guangran had been busy the last few days crunching numbers and formulas, all for the sake of making money. When he suddenly heard Zhao Xuran calling him, his first reaction was: did I cause some big trouble?
"Pay tax?" Zhao Guangran was really nervous, wondering whether he should proactively confess something or just wait for big brother to bring it up.
He never expected that after all his inner drama, big brother wasn’t asking about assets at all, but about taxes.
On this, though, Zhao Guangran had no clue. It had never occurred to him that as a broke student spending nothing but family money, he’d have something called "income."
And now the issue had gotten a bit complicated. "We definitely have to pay tax."
So they really did? Zhao Xuran was stunned. Ugh, how come taxes in the United States are so over the top that even this little bit of income gets taxed?
After a round of phone calls, Zhao Guangran finally found out the tax rate. He was dumbfounded, his mouth hanging wide open.
"Bro, this rate is a bit high. We need to invest, that’s the only way." Ugh. He was speechless; he truly hadn’t thought this part through.
Speechless, Gong Ruini kept rolling her eyes. Wasn’t this guy studying finance? How did he not even think of this? Honestly, it really was hard on him.
Listening to Zhao Guangran talk about the tax rate, she couldn’t bear it. "Let’s take a loan in Harbin to buy a house or a ranch."
Just now, Zhao Xuran had shot down her proposal. Gong Ruini had wanted to push it again, but worried it would annoy him, so she added another option in front.
Real estate doesn’t appreciate that much. "Why don’t we buy a ranch instead." After thinking it over, Zhao Guangran had to admit Ni Zi’s plan was actually pretty good,
Looking at the numbers Zhao Guangran had just written out for him, Zhao Xuran sighed inwardly. "Then we’ll take a loan and try to pay it back bit by bit. If we can save some money, that’s something."
"All right." He’d originally wanted to roll this money into more investments, and hadn’t expected it to turn out like this.
"Okay, we’ll tell everyone later." This was a major decision. It wasn’t like viewing houses before, where they’d been spending their own money without cashing out from the stock market; not notifying the others was one thing.
But this time they were moving because of taxes, so they couldn’t not tell everyone.
When they saw even Zhao Guangran sitting there looking this solemn, Cai Ming and the others really wanted to laugh. They had never seen him like this.
While everyone was joking around at his expense, Zhao Xuran walked in, lightly coughed, and laid out the tax issue.
At first, Cai Ming didn’t want to bother with it. He wasn’t doing business in the United States, so in his mind paying tax was impossible, and yet there was actually this extra tax bill.
"We don’t even need to pay tax back home." Zhao Xuran sounded thoroughly put out.
"That’s because people’s incomes are low back home. If they still had to pay tax on top, something big would blow up." No matter how wages rose in the future, people would never be happy about paying tax, never mind right now.
Turned out some income in China was also taxed; Zhao Xuran really hadn’t known that. Looked like when they went back, he’d have to get his finance people to properly study this.
Otherwise, when society developed to the point where everyone had to pay tax, what would she do then.
Cai Meina and Cai Ming just quietly listened to the kids discussing things. Seeing how they talked everything through, Cai Meina was very pleased.
"Then let’s buy a ranch." No one here was stupid. Since the numbers said what they said, then to avoid paying tax, they’d buy a ranch.
Maybe by then they could go riding there and have whole roasted lamb.
Cai Ming was thinking further ahead. "Then we can ship the lamb and beef back." Good quality beef and mutton were still in short supply in China.
Once they shipped it back, as long as they told people this was beef and mutton from the United States, he didn’t believe people wouldn’t scramble to buy it.
"And when we open our club later, all the steak the Western restaurant needs can be consumed internally by us."
The idea was good, but the key problem was: "After the cattle are slaughtered and processed and then shipped back to China, it’ll take at least a week."
"Do you think that beef will taste better than freshly slaughtered domestic beef?" Food packaging and processing were still pretty basic right now. She did not want the beef and mutton they shipped back to end up with an off smell.
It shouldn’t, right? On that point, Cai Ming was quite sure. But domestic beef and mutton really weren’t that great.
"I think they probably wouldn’t be able to tell." After thinking it over, Cai Ming still couldn’t bear to let go of such good stuff.
"They won’t be able to tell, but the kitchen helpers and chefs will."
"If at some point we slip up and don’t meet their standards, and they spill the beans, then what?"
"And what if our competitors seize on this?" She didn’t even dare imagine what would happen if word spread all over Beijing and then to other provinces.
"Uncle, there’s no need for us to be greedy about this. We need to set our operating standards straight right from the beginning."
"As for high prices, I don’t think they’ll care." After tagging along to a few social dinners, she’d seen plenty of how those rich folks wasted food.
For some people, they practically wished everything they ordered was expensive, so they could show off in front of classmates and friends.
Cai Ming closed his eyes and thought for a moment. Eating with those people really was exactly how Ni Zi described it. It wasn’t that he hadn’t noticed before, but ever since his wife went to the United States, all his thoughts had been on her and the kids, so how could he be thinking about anything else.
"Actually, we can slaughter the cattle and then quick‑freeze the meat before shipping it home." For most people, as long as you tell them the meat is shipped over from the United States, it’ll be snapped up.
