Generals of the Great Song Dynasty.

Summary

The chapter discusses the economic challenges faced during the Song Dynasty, particularly regarding the taxation of essential commodities like salt and iron. Wealthy merchants have accumulated vast fortunes, leading to a disparity between their wealth and that of ordinary citizens. Wang Ning An proposes a tax package system to improve tax collection by designating specific industries and areas for tax payment in advance. He suggests leveraging the Royal Bank to oversee transactions, ensuring tax compliance among merchants. Wen Ji Fu and Wen Yan Bo express skepticism about the practicality of this system, questioning the potential for tax evasion. However, Wang Ning An argues that with the bank's oversight, tax collection can be significantly improved, estimating that over 50 million guan could be collected annually. The discussion shifts to the political implications of Wang Ning An's proposals, revealing his connection to Emperor Zhao Zhen, which reassures Wen Yan Bo. As the chapter progresses, it introduces Sima Guang, who is tasked with negotiating peace with Xixia. After successful negotiations, a trade agreement is reached, leading to a significant drop in salt prices. Wang Ning An is pleased with Sima Guang's performance, while salt merchants grow increasingly anxious about their declining profits.

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