Good Landlord of the Tang Dynasty.

Summary

Li Chao discusses the salt trade reforms with Li Shi Min, emphasizing the need for stricter control over salt production and sales to increase court revenue. He proposes a system where merchants can produce salt under court supervision, requiring licenses for production and sales. The introduction of Salt Licenses and Salt Permits is crucial; the former certifies production rights, while the latter allows merchants to buy and sell salt. This system aims to regulate the market, prevent monopolies, and generate tax revenue. However, over-issuance of permits could lead to market chaos, necessitating careful management to ensure profitability and stability.

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