COSG - Chapter 110.2: Impartial Rex

Rex was pleased to see these smart, brave, and young people earning money, but no matter how much he liked the idea of young people making money, he wouldn't be lenient when it came to collecting taxes. He immediately brought the youngsters back to earth and settled their taxes on the spot…

The new tax law in the Weisshem territory stipulated that when it came to personal income, a high-income tax of 6% would be imposed if one's monthly income exceeded 1,800 coppers.

If monthly or one-time income exceeded 3,000 coppers, the tax rate was raised to 12%.

If monthly or one-time income exceeded 10,000 coppers, the tax rate was 14%.

The four young entrepreneurs made a tidy sum of over 10,000. They fell squarely into the second tax bracket, requiring them to pay 12% of the profit. Without any hesitation, Rex took away 2,143 copper coins…

Seeing the faces of the four youngsters and their relatives paled as if undergoing immense pain, Rex half-jokingly remarked, "Are you regretting bringing all your income here? Had you known, wouldn't it have been better to hide some away?"

"N-no." Caroline forced a smile.

Rex chuckled lightly. "The goods were taken from here, and how much it can be sold for outside can be easily calculated to do the math. If the accounts are too discrepant, the clerks from the town hall will seek you to settle the sum."

The four young men suddenly straightened up. They had to be absolutely honest; after all, who among them could better Mr. Rex in arithmetic?

"With the taxes paid, this money is now your legitimate income. You figure out how to distribute it among yourselves." After giving them a bit of a scare, Rex continued, "I believe you've realized that doing business involves risks, and money isn't that easy to earn. Don't recklessly squander the money you've worked so hard to earn. Make sure to always leave some capital, and in the future, there won't be such a good deal of receiving goods before making payment."

"Got it." The four youngsters nodded obediently.

"Go home and rest." Rex wave

…

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Novel Notes

Special thanks to Tetra editing
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Checkout my other novels:

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Conquering OtherWorld Starts With a Game Chapter 110.2: Impartial Rex

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