My Iron Suit
Chapter 615

Tax Collection? In Your Next Life!

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Given the exceptional performance of the "Lord" and "Thunder" models, five million is already a great deal.

Nobody would buy a tricycle for five million, but what if you bought a Gulfstream private jet for five million? It would feel like getting a great deal!

And now a significant number of people feel this way: let alone five million, even ten million would definitely be enough for someone to buy it!

Compared to other top-tier automakers' luxury cars costing tens of millions, the three models from S.H.I.E.L.D. Auto Company completely outclass them in terms of performance and other aspects, making their price of ten million a bargain.

However, the number of buyers will decrease significantly, so Chen Mo "mercifully" set a "relatively reasonable" price that is neither too cheap nor too low, ensuring that the company can obtain the maximum profit.

As for the fact that the price is so high, the number of people who can afford it is limited, and whether the market will soon become saturated, Chen Mo has naturally done the statistics.

Leaving aside other countries like China, Europe, and the Middle East, the United States alone has over 256,000 people with wealth exceeding $30 million. Globally, there are over 200,000 billionaires with assets exceeding $100 million, and over a million with assets exceeding $30 million. S.H.I.E.L.D. Auto Company's primary customer base consists of these individuals with assets exceeding $30 million. After all, few people with only $10 million in assets would spend half of that on a car, even if the car's value far exceeds $5 million, except, of course, for some avid sports car enthusiasts.

With the sheer number of this wealthy group, Chen Mo has no need to worry about market saturation. The production lines currently producing these three supercars have a maximum annual output of only 120,000 vehicles. With the overwhelming performance of the "Lord," "Thunder," and "Knight" overpowering other luxury cars, there is no doubt that they will completely dominate the top-tier luxury car market. It's only a matter of time before these people place orders. Even if each person only buys one car on average, it will take a full ten years to reach market saturation, and that doesn't even take into account the issue of replacements.

Moreover, it's not just these billionaires with assets exceeding thirty million US dollars who will buy these three cars. In particular, the "Thunder" supercar will drive countless people crazy. Not to mention multi-millionaires, even "small billionaires" with assets of only six or seven million US dollars are very likely to sell their possessions and buy one regardless of the cost. Chen Mo doesn't have any purchase restrictions like Ferrari to show off his status. As long as we have the money, we'll sell!

Therefore, the potential customer base for S.H.I.E.L.D. Auto Company is several times larger, and there is no need to worry about market saturation at all.

Of course, while five million dollars is already a "good value for money," not everyone can afford it, especially some rich kids who need money from their parents, and some millionaires watching the launch event online. They don't care about whether it's bulletproof or not; the key is that the "Thunder's" super performance makes it irresistible.

Many supercar enthusiasts are envious of the "Thunder," but the price is too high for most people, making them hesitant to even look at it. During the Q&A session after the press conference, someone stood up and asked the question on their behalf.

Does the 'Thunder' supercar have a lower-spec, non-bulletproof version?

Michael smiled gently in response to the question.

"Sorry, we only do the best!"

The press conference concluded successfully, and the two advertisements were officially launched into the market, although the scale of the campaign was not as overwhelming as that of the previous "Knight" campaign.

Last time, the goal was more to raise company awareness and let people know that there was an S.H.I.E.L.D. Company that produces top-of-the-line supercars. Now that the company is already well-known, there is no need to do that again.

This time, the advertising campaign was more targeted, primarily aimed at potential customers, and was placed in airports, upscale clubs, and high-end magazines.

Although the advertisements were not actively placed on television or online, but only on the official website of S.H.I.E.L.D. Auto Company and Chen Mo's Twitter, they still became popular online.

"Lord" was somewhat better, but the epic showdown between "Thunder" and F1 race car shocked countless netizens. The number of clicks and reposts for this video skyrocketed, causing a huge sensation even in China. For the first time F1 race car, which had been standing on the altar, were defeated, and the impact was enormous.

Many of the rapidly growing car orders since the press conference came from China. In terms of the number of wealthy people, China is now not much less than the United States. However, there is no need to worry about how much of these compatriots' money will be earned by the United States government through various taxes, because Chen Mo himself has no intention of contributing taxes to the United States government!

Although S.H.I.E.L.D. Auto has a high turnover, its "costs" are also very high. Chen Mo exaggerated the cost of H-2 alloy by countless times and forged a large number of material procurement records through J.A.R.V.I.S.. The actual profit is pitifully small. Even this money was invested by Chen Mo in buying land, building industrial parks, and advertising. Therefore, S.H.I.E.L.D. Auto is currently "losing money"!

It has to be said that Chen Mo is not only ruthless in making money off Americans, but he is also quite despicable towards the United States government!

When it comes time to pay taxes, I reckon the tax officials will burst into tears when they see the word "loss," and won't even give me a hundred yuan!

As for the investigation, the United States is very powerful, even more so than the CIA in the United States. Tax inspectors are armed, but they can't find anything against J.A.R.V.I.S.. Moreover, based on the performance of the H-2 special alloy and the cost of a similar special alloy, S.H.I.E.L.D. Auto Company is indeed "losing money"!

That's really frustrating. They won't even give you a hundred yuan, and that's legal!

They can only hope that S.H.I.E.L.D. Auto can "turn a profit" next year, but is that even possible?

Chen Mo spends all the money he earns. Money is just a number to him; what he needs is the company's development. So, not only will S.H.I.E.L.D. Company not make a profit, but Chen Mo will also continue to invest and carry out new construction and development. If you want to collect taxes from Chen Mo, you'll have to wait until your next life!

Furthermore, even if S.H.I.E.L.D. Company. were to make a profit, Chen Mo would have a hundred ways to legally avoid taxes. No major company in the United States would honestly pay the 35% corporate tax rate. Well-known companies, including Apple, Microsoft, and Coca-Cola, all use various means to legally avoid taxes.

These practices include registering profits under the names of overseas companies to evade U.S. Internal Revenue Service oversight; offering executives stock options to purchase shares at a discount in the future and deducting such huge expenditures as losses from income; and even lobbying to obtain special tax breaks as subsidies for these companies.

In short, in the United States, which is controlled by capitalists, it is actually the ordinary people who need to pay taxes honestly. Big capitalists have many ways to legally avoid taxes, and Chen Mo is naturally one of these big capitalists.

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