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MTL - First Prince of Ming Dynasty - Chapter 459 Emphasis on agriculture and restraint on business
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... s tax. You must know that Lao Zhu adopted a low tax policy for business in order to rebuild the economic order.
Before the founding of the Ming Dynasty, merchants were levied official store money at a rate of 15 taxes. Because before the unification of the world, his territory was the smallest and the collection of agricultural taxes was the most difficult. Then, the collection of commercial taxes became the focus.
For this reason, when Nanjing was occupied and called the King ...
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