Rebirth in America

The two things that cannot be escaped in life are death and taxes.

As the records sold, the Carpenters got more money. After excluding the money for buying the house and adding the money distributed this month, the money in the Carpenter brothers' account has increased instead of decreasing, and it has exceeded one million.

"With this much money, the taxes to be paid this year will be very high!" Bart said to Angel.

Indeed, in the United States, the higher your income, the more taxes you pay. It is precisely because of such heavy taxes that when every American is dissatisfied with government policies, they will rightly say: "This is a waste of our taxpayers' money."

In the United States, many taxes are paid by individuals. As long as there is economic income and expenditure in the United States, both locals and outsiders must pay taxes.

The types of taxes in the United States include income tax, social security tax, medical tax, property tax, bonus tax, inheritance tax, etc.

What troubles Bart and the others now is mainly income tax. The tax threshold is close to zero. Even if you earn five dollars a year, you have to pay tax. A progressive tax system is adopted, with the lowest tax rate being about 10% and the highest tax rate being 38%. This is the income tax set by the federal government. In addition, states also charge additional income taxes, with tax rates generally around 5%. The Carpenter brothers' combined annual income exceeds one million U.S. dollars. If they were to pay income tax, they would have to pay at least three or four hundred thousand U.S. dollars this year!

This is a staggering amount of tax money! Let Bart and the others bleed with heartache! How can they be willing to hand over such a large amount of income to the government?

As for tax evasion, don’t even think about it!

The tax regulations and tax system in the United States are very strict and stringent. Except for a few wealthy people who use lawyers to evade taxes on their property or inheritance, it is difficult for ordinary people to escape paying taxes.

There is a joke often heard in the United States: Americans cannot escape two things: death and taxes. The tax bureau randomly audits about 5% of taxpayers every year. Once tax evasion is discovered, not only will they have to pay back taxes and interest, but they will also be subject to heavy fines. Most Americans talk about "trial" and become disloyal.

"Since we can't evade taxes, let's invest in a new company!" Alex suggested.

Yes, you can’t escape taxes, but there are ways to avoid taxes reasonably!

In the United States, there are endless ways to avoid tax, but they always remain the same. The ultimate method is one method: investment! Whether investing in stocks or real estate, the government is essentially asking people to spend the cash on hand and turn it into assets. The U.S. government encourages people to consume but does not support people saving. They believe that in a healthy social system, people do not need to have too much cash.

Bart objected: "New company? What about the record company? Who will manage it?"

"Let Angel take charge, hasn't she already got started?" Alex said, looking at his parents.

Bart was slightly surprised, he didn't expect Alex to suggest this. However, Angel was a little eager to give it a try. She had already been involved in the daily affairs of the record company when Alex and the others recorded their second album.

At the beginning, Angel was not very adaptable to the company's environment. However, she soon discovered that working in a record company was no different from working at home, as long as everything was arranged properly.

As the president of the company, Rudy is in charge of the general direction of the company's development. Angel is the head of the financial department and is mainly responsible for various expenses. She is like a housekeeper, keeping an eye on everyone's work status and expenses.

As for Bart, he held the title of director and had little to do. He knew neither management nor music, so he had to watch others work. This made Bart a little annoyed. What was even more annoying now was that Alex seemed to want to take away his director title.

Just when Bart wanted to say something, Alex immediately said: "The new company can be managed by Bart. I think you are more interested in electronics and mechanical things."

Bart's spirits rose, and he asked excitedly: "Electronics and machinery? What are they used for?"

Alex smiled mysteriously: "Do you still remember my patents? Now I use what I invented to make a product, a good product. It will definitely sell well!"

Everyone felt a little curious as to what kind of thing Alex had made so confidently.

Alex took out a small rectangular box from his pocket. This small box was not big, just a little longer and thinner than a soap box. There is also a shiny antenna on it. If you look closely, you can see that there are two rotating buttons and switches, as well as a speaker.

"What is this?" Richard reached out and took the box.

Alex smiled and said, "What do you think?"

Bart and Angel also gathered around, poking around here and there, trying to find out the mystery of this little thing.

Richard soon discovered a switch on the side of the box. He turned it on and the horn sounded. A piece of music came from inside, but it was a little unclear.

"Ah! This is the radio!" Richard shouted in surprise. He had never seen such a small radio. Usually the radios he had seen were a large and heavy wooden box that required both hands to hold. The radio in his hand only needs one palm to hold it gently.

Bart and Angel also saw that this thing was a radio. They didn't expect that Alex actually reduced the size of the radio, and it was still so small.

This radio was made of materials that Alex asked Dr. Shockley. He originally thought that it would be easy to make a transistor radio. He had assembled a radio himself when he was in college. He knew the structure of the radio well and could make it in minutes as long as he had the parts.

Unexpectedly, the level of electronics in this era was too low, and many parts were not available. Even if he managed to make it, he would have to replace the existing tube radio with a transistor. The size doesn't change much, let alone holding it in hand. This made him very angry, and he thought to himself, if you don't have anything, you can do it yourself.

He told Shockley his thoughts and received strong support from the other party. With the materials provided by Shockley, Alex spent a lot of effort to make these parts one by one. The first is the speaker, which is the smallest speaker he asked Shockley for. Then there is the circuit board. There was no integrated circuit board in this era. Fortunately, this was not complicated and Alex was able to design and produce it himself.

The most critical thing was the battery. He found that there were no AA batteries on the market, so he had to ask Dr. Shockley for help again. If that didn't work, he was prepared to make do with the batteries of his flashlight. Fortunately, Shockley was well-informed in this regard. He knew that Energizer had a small battery that had not yet been launched, but it was already being used in the laboratory.

Alex took a look at the small battery. Isn't it an AA battery? He immediately added the battery to it. The antenna technology of this era has matured, but there is no model that Alex wants, so he had to make his own retractable antenna.

The required resistive components, capacitive components, various buttons, spring wires, etc. are all available in the laboratory, not to mention diodes. At the beginning, Alex just wanted to make a simple radio, using only 4 diodes. It was later discovered that the quality of the radio produced in this way may not be very good.

So he simply redesigned it completely, following the specifications of the radio he had assembled before. This new radio is much better than what is currently on the market. After Shockley and others used it, they were full of praise. They all asked Alex to make one for themselves.

The one in Richard's hands now is Alex's best one. It lasts long, has a wide radio channel, and has clear and stable sound. The most important thing is that it is small in size, light in weight, and easy to carry.

In terms of price, it threw the tube radio a few blocks away. Alex was convinced that as long as such a radio was on the market, it would definitely occupy the existing radio market.

Bart snatched the radio from Richard's hand and studied it carefully: "The sound quality of this radio is really good, and it looks beautiful too!"

Judging from his many years of experience, as long as it is produced, there is no need to worry about not being able to sell it. In addition to his interest in mechanics, he also researches electronics. He knows how attractive this kind of electronic product is to today's people.

"Alex, does the patent for this radio belong to you?" Bart asked excitedly, and he said with some worry: "Can other companies also make such a radio?"

"No! How could my patent be broken so easily?" Alex said very confidently.

Just such a simple radio allowed Alex to add more than a dozen patents. He was convinced that it would be years before another company tried to circumvent his patent and invent a similar radio. Not to mention anything else, just the integrated circuit board patent can make other companies helpless. If Alex doesn't authorize it, those people will have no way to get around it.

Angel also stared at the radio, and she was also happy with Alex's invention. She said: "Then let's open another company! This company will make this kind of radio."

Bart reluctantly looked away from the radio. He thought for a moment and said, "That's just right. I can ask Old Qiao to help."

Bart had invited Lao Qiao to come to the record company before, but Lao Qiao was not very interested in the work of the record company, so he refused. Only Dill and Paul joined the Carpenters' record company. They were placed in the company by Bart, partly to monitor the company and partly to repay their friends.

However, Bart, like Old Joe, is not interested in record company work, and he is not suitable for recording studio work. Now that he had such a good opportunity, he felt that if he roped in Lao Qiao, he would definitely be able to do it.

Alex thought for a while and then said: "It's okay, Lao Qiao knows a lot about these things after all. However, I ask you to produce this radio as soon as possible and put it on the market as soon as possible."

"But we don't have a factory building, production lines or workers now. If we want to build a new factory, it will take a long time to build it. Let alone put this radio on the market immediately." Bart said distressedly.

Angel said from the side: "How about we acquire another radio production factory! This way we have on-site factories, production lines and workers, so even if rectification is needed, it won't take too much time."

"Yes! We can indeed acquire a factory. If you have the money, UU read www.uukｎshu.net and you are not afraid that the other party will not sell it." Bart shouted and said excitedly.

Alex also smiled and said: "Yes, it can be used to avoid taxes!"

Of course, the specific operation of tax avoidance methods is not that simple. It was still necessary to find a professional accountant for consultation to truly implement tax avoidance measures. After Bart and the others consulted, they finally found an electronics factory in the suburbs of Chicago. This factory not only produces radios, but also other electronic products. It is very large and has many workers.

The problem is that the owner of this factory is not doing well and is planning to file for bankruptcy. At first, he planned to sell it, but no one was willing to pay 1 million for it. He was unwilling to lower the price, so he had no choice but to prepare to file for bankruptcy.

"My factory is so big, even if it files for bankruptcy, it can sell for one million!" the boss said.

Alex also visited this factory and found that the equipment inside was okay, but the products produced were outdated, so it continued to suffer losses. In this era of rapid upgrading of electronic products, many companies cannot keep up with the times and have been eliminated. This factory originally had the same fate, but after it was acquired by the Carpenters, it is likely to have a different future.

There is no problem with the assets of this factory. They have consulted a lawyer. The debt is not large and is completely within the acceptable range. So, he asked Bart to sign a contract with the boss on the spot. As long as the relevant procedures were completed, the factory would belong to them.

In this way, a company called "Carpenter Electronics Company" was established silently. This company, often referred to simply as CPT, is an emerging electronics company.