NOVEL NEXT Exploiting Hollywood 1980.
Chapter 196 A New Script Is Here
Chapter 196 A New Script Is Here
"Didi..." Ronald's pager rang.
Although he and Michelle Pfeiffer had broken up, Ronald still felt the need for a communication device that would not delay the news of his agent and many friends.
After comparing AT&T's $1000 answering machine, which can only store 10 messages, with Motorola's $400 pager, which has a signal all over New York, Ronald decisively bought a Motorola" Pageboy II" type pager.
The elongated pager has a clip that attaches to your belt.Ronald felt inconvenient after holding it for two days, so he took it off and threw it in his briefcase.
Diane Lane, who was staying at Aunt Karen's house, was lying on the sofa reading a novel. Seeing this, she glanced at her mouth, "You deserve this, I thought you were a resident doctor?"
Indeed, in New York, many young doctors have such a device, which is convenient for the hospital to call when there are emergency patients.
Ronald ignored the rebellious girl and called the service center. "My pager number is . . . I have a message for . . . Is it Lawrence Wang? Yes, thank you."
It turned out to be Lawrence, his accountant, and Ronald made a call.
Lawrence said on the phone that he already had a plan for the tax treatment of his $35 screenwriting income, and he wanted to make an appointment with him for a door-to-door interview.Ronald notified the address of his aunt's house and asked him to come and talk.
Donna was looking for something for herself today, so Ronald came to Aunt Karen's house.Donna was very happy after receiving the Walkman she gave her. Many of her classmates were geniuses who were proficient in electronic equipment and taught her some transcription skills. This time, they said they had a gift to give back to Ronald.
"Ronnie," Donna took out a small box wrapped in gift paper from the room and handed it to him.
Ronald took it, opened it in person, and found a tape inside.A line of words written in pencil on the tape box reads "Donna's Picks—A Collection of Nice Music Vol.1"
Turning over the back of the box, I also carefully recorded the selected song list, which are all pop music that Ronald likes more, including CCR, Bee Gees, Air Supply...etc.
Ronald was very happy, "Thank you, Donna, this way I can directly listen to the songs I like without having to keep changing records."
"This is piracy, Donna." Diane Lane changed her position on the sofa and lay down.
"No, I checked the relevant laws in the library. As long as it is a record or tape that I have purchased, transcribing a single does not violate intellectual property laws. This is not the same as Jr. Bard transcribing an entire album and then selling it."
"Forehead……"
Ronald also laughed when he saw that Diane was at a disadvantage from Xueba Donna.
Put the tape in the big tape recorder and hit the play button.It was a Bee Gees-style song, and the voice of a singer with a slightly younger voice, but clearly belonging to the Bee Gees family, flowed through the living room.
Ronald turned over the box and saw that it was sung by a singer named Andy Gibbs, whose surname should be the younger brother of the three brothers in the Bee Gees band.
so long
It's been so long since you and I have found each other
I feel so strong for you girl
When Ronald saw the title of the song, it was "I Just Want To Be Your Everything"
"Um... old-fashioned." Diane Lane was quite critical of her taste in listening to music. She also went into the room and took out a large bag and threw it to Ronald, "This is my gift."
Ronald took it and took it apart to see that it was a set of novels - "SE Hinton Youth Novels Series" was written on the waistband
It contains four novels: "The Outsiders", "That Was Then This Is Now", "Rumble Fish" and "Tex".
"It's a very popular novel now, it tells the story of young people in small towns in Oklahoma, you can read it and improve your taste." Diane Lane said.
Ronald opened it and flipped through it. They were all teenagers and half-grown children, drinking, picking up girls, fighting, riding horses, gang fights and the like.
"The author is very powerful. The characters in the four novels are all linked together. The protagonist in this one will be a supporting role in the next part."
"Really?" Ronald felt that the story was contrived, and the characters were all aggressive teenagers.Although it was written about the 60s and [-]s, in recent years, social security has been bad and schools have been attacked. It seems that this kind of story has a market among teenagers.
"Of course, it's the most popular youth novel right now, Stay Gold." Diane said a line from Urchin Outside the World.
Ronald didn't understand and looked at Donna.
"It means maintaining a youthful state of mind." Donna knew that Ronald hadn't read the novel, so she didn't know the meaning of this sentence. "Her book is really popular, and all my classmates are reading it."
"She? Is it a female author?" Ronald flipped through the back cover, and it turned out to be a fat female author. SE Hinton's pseudonym is not gender-neutral.
"Ring ring ring ring..."
It was Lawrence Wang, the accountant, ringing the bell.
Ronald welcomed him in, and the two chatted softly at the small table in the corner of the living room.
"The commander-in-chief announced tax cuts last year. Individuals with an annual income of more than 22 US dollars only need to pay 50% of the federal personal income tax."
"50%? As long as? Isn't it a tax cut?" Ronald's voice suddenly rose, attracting the attention of the two girls.
"Sorry, let's talk somewhere else."
"No, Diane, let's go to the room to talk." Donna pulled Diane closer to the bedroom.
"This is already the figure after the tax cut bill. Before that, the highest tax rate you had to pay on last year's income was 70%"
"Then the script I worked so hard to write was sold to Colombia and then changed, and most of it will be handed over to the federal government?" Ronald was speechless.
"That's not the case. The part of your annual personal income above 22 US dollars needs to pay a 50% tax rate, and the following part, the applicable tax rate is 38.5%, and then step down, and the part below 3400 does not need to pay tax."
"That's a lot. Why is the personal income tax so high?" Ronald was very angry. As a result of his own struggle, he worked for the Federation?
"So this is my first suggestion to you, set up a company to accommodate the income of screenwriters." Lawrence said.
"Corporate income tax also adopts progressive tax rates. Your company's business model is very simple and there is not much room for accounting, so it is better to separate different businesses so that you can enjoy a more favorable tax rate."
"Okay, then register another company."
"In addition, I suggest that you buy stocks with your personal income. As long as you hold it for more than one year, the investment income is not subject to personal income tax, but capital gains tax. The tax rate is much lower. After the tax cut last year, it was only 33.8 %"
"Can't I just buy a house?" Ronald didn't understand stocks, but he heard that the ups and downs were huge. At least the house wouldn't suddenly evaporate 90% of his wealth.
“You have to pay property taxes on a house, which is very high in New York State, and you have to pay it every year. If you buy in Los Angeles, it is also one of the highest property taxes in the country. And the property tax is a state tax, you don’t live there. If you don't, you won't be able to enjoy many services brought by taxes.
For example, the simplest public education tuition fee reduction, if you are not married and have no children, you cannot enjoy this part of the subsidy.There is still time to buy real estate after you have children.
So if you don't want to live in it yourself, the house is just an asset that keeps paying costs. "
"Okay, then you can help me open a stock account. What stocks should I buy?"
"Your purpose is to avoid tax, so don't buy stocks that expect prices to rise. My suggestion is to buy some blue chip stocks. The stock price is stable for a long time, and you can hold them for a long time without selling them, so you don't have to pay capital gains tax. There are also quarterly Dividends are used as living expenses.”
"What are blue chips?"
"It's those well-run companies with a long history and stable profits." Lawrence said in a language Ronald could understand, "such as Coca-Cola, Kodak, IBM and so on."
"Okay, then you can help me design it, and set aside next year's taxes, and use all your spare money to buy these three stocks."
"You make a quick decision, Ronald, don't you have to think about it?"
"I don't have so much time to study investment. What you said is clear and reasonable. Big companies won't collapse so quickly, as long as they are safe."
"Didi..." The pager rang again.Lawrence resigned and left.
This time it was Spike Lee.
"I heard that Bigelow has received an investment of 75 US dollars and started shooting her first feature film?"
"Yes, Douglas Jr. helped her find a private investor in Georgia who invested $75 in production, and Catherine has approached it, and pulled some MoMA artists to do free labor. She Ready for a big fight."
"She's so lucky." Spike was very envious.
"It's hard to say. You've seen her script, and $75 is only enough for shooting. She asked me to divide the scene, and calculated that it must be completed within 20 days, otherwise it will overrun. This shooting speed can catch up with Roger Coe. Elman."
"Then who did her publisher find?"
"No distributor is willing to distribute her film. I suggest that she choose to send it to a foreign film festival. There are many buyers in the film festival. Maybe she can find a company willing to buy it."
"Anyway, she is lucky. I have no investors willing to invest in my film. I can only get a little money and shoot a little." Spike Lee hung up the phone enviously.
"Didi..." The pager came to remind me again.
Ronald called the service center.
"I have a message from you, please call Nisita at CAA, there is scriptwriting business."
Ronald's heart jumped. Is there a business call?
"Hi, Mr. Nisita, this is Ronald."
"Hi, Ronald. What do you know about Broadway musicals?"
"Musicals? I've only seen some, and I don't know much about screenwriting and production."
"It's okay, just watch it. I'm not asking you to write a musical. Your fame is very characteristic of musicals. Universal is looking for a screenwriter who understands teenagers, musicals, and musicals. Would you like Two months of hard work and $10?"
(End of this chapter)
"Didi..." Ronald's pager rang.
Although he and Michelle Pfeiffer had broken up, Ronald still felt the need for a communication device that would not delay the news of his agent and many friends.
After comparing AT&T's $1000 answering machine, which can only store 10 messages, with Motorola's $400 pager, which has a signal all over New York, Ronald decisively bought a Motorola" Pageboy II" type pager.
The elongated pager has a clip that attaches to your belt.Ronald felt inconvenient after holding it for two days, so he took it off and threw it in his briefcase.
Diane Lane, who was staying at Aunt Karen's house, was lying on the sofa reading a novel. Seeing this, she glanced at her mouth, "You deserve this, I thought you were a resident doctor?"
Indeed, in New York, many young doctors have such a device, which is convenient for the hospital to call when there are emergency patients.
Ronald ignored the rebellious girl and called the service center. "My pager number is . . . I have a message for . . . Is it Lawrence Wang? Yes, thank you."
It turned out to be Lawrence, his accountant, and Ronald made a call.
Lawrence said on the phone that he already had a plan for the tax treatment of his $35 screenwriting income, and he wanted to make an appointment with him for a door-to-door interview.Ronald notified the address of his aunt's house and asked him to come and talk.
Donna was looking for something for herself today, so Ronald came to Aunt Karen's house.Donna was very happy after receiving the Walkman she gave her. Many of her classmates were geniuses who were proficient in electronic equipment and taught her some transcription skills. This time, they said they had a gift to give back to Ronald.
"Ronnie," Donna took out a small box wrapped in gift paper from the room and handed it to him.
Ronald took it, opened it in person, and found a tape inside.A line of words written in pencil on the tape box reads "Donna's Picks—A Collection of Nice Music Vol.1"
Turning over the back of the box, I also carefully recorded the selected song list, which are all pop music that Ronald likes more, including CCR, Bee Gees, Air Supply...etc.
Ronald was very happy, "Thank you, Donna, this way I can directly listen to the songs I like without having to keep changing records."
"This is piracy, Donna." Diane Lane changed her position on the sofa and lay down.
"No, I checked the relevant laws in the library. As long as it is a record or tape that I have purchased, transcribing a single does not violate intellectual property laws. This is not the same as Jr. Bard transcribing an entire album and then selling it."
"Forehead……"
Ronald also laughed when he saw that Diane was at a disadvantage from Xueba Donna.
Put the tape in the big tape recorder and hit the play button.It was a Bee Gees-style song, and the voice of a singer with a slightly younger voice, but clearly belonging to the Bee Gees family, flowed through the living room.
Ronald turned over the box and saw that it was sung by a singer named Andy Gibbs, whose surname should be the younger brother of the three brothers in the Bee Gees band.
so long
It's been so long since you and I have found each other
I feel so strong for you girl
When Ronald saw the title of the song, it was "I Just Want To Be Your Everything"
"Um... old-fashioned." Diane Lane was quite critical of her taste in listening to music. She also went into the room and took out a large bag and threw it to Ronald, "This is my gift."
Ronald took it and took it apart to see that it was a set of novels - "SE Hinton Youth Novels Series" was written on the waistband
It contains four novels: "The Outsiders", "That Was Then This Is Now", "Rumble Fish" and "Tex".
"It's a very popular novel now, it tells the story of young people in small towns in Oklahoma, you can read it and improve your taste." Diane Lane said.
Ronald opened it and flipped through it. They were all teenagers and half-grown children, drinking, picking up girls, fighting, riding horses, gang fights and the like.
"The author is very powerful. The characters in the four novels are all linked together. The protagonist in this one will be a supporting role in the next part."
"Really?" Ronald felt that the story was contrived, and the characters were all aggressive teenagers.Although it was written about the 60s and [-]s, in recent years, social security has been bad and schools have been attacked. It seems that this kind of story has a market among teenagers.
"Of course, it's the most popular youth novel right now, Stay Gold." Diane said a line from Urchin Outside the World.
Ronald didn't understand and looked at Donna.
"It means maintaining a youthful state of mind." Donna knew that Ronald hadn't read the novel, so she didn't know the meaning of this sentence. "Her book is really popular, and all my classmates are reading it."
"She? Is it a female author?" Ronald flipped through the back cover, and it turned out to be a fat female author. SE Hinton's pseudonym is not gender-neutral.
"Ring ring ring ring..."
It was Lawrence Wang, the accountant, ringing the bell.
Ronald welcomed him in, and the two chatted softly at the small table in the corner of the living room.
"The commander-in-chief announced tax cuts last year. Individuals with an annual income of more than 22 US dollars only need to pay 50% of the federal personal income tax."
"50%? As long as? Isn't it a tax cut?" Ronald's voice suddenly rose, attracting the attention of the two girls.
"Sorry, let's talk somewhere else."
"No, Diane, let's go to the room to talk." Donna pulled Diane closer to the bedroom.
"This is already the figure after the tax cut bill. Before that, the highest tax rate you had to pay on last year's income was 70%"
"Then the script I worked so hard to write was sold to Colombia and then changed, and most of it will be handed over to the federal government?" Ronald was speechless.
"That's not the case. The part of your annual personal income above 22 US dollars needs to pay a 50% tax rate, and the following part, the applicable tax rate is 38.5%, and then step down, and the part below 3400 does not need to pay tax."
"That's a lot. Why is the personal income tax so high?" Ronald was very angry. As a result of his own struggle, he worked for the Federation?
"So this is my first suggestion to you, set up a company to accommodate the income of screenwriters." Lawrence said.
"Corporate income tax also adopts progressive tax rates. Your company's business model is very simple and there is not much room for accounting, so it is better to separate different businesses so that you can enjoy a more favorable tax rate."
"Okay, then register another company."
"In addition, I suggest that you buy stocks with your personal income. As long as you hold it for more than one year, the investment income is not subject to personal income tax, but capital gains tax. The tax rate is much lower. After the tax cut last year, it was only 33.8 %"
"Can't I just buy a house?" Ronald didn't understand stocks, but he heard that the ups and downs were huge. At least the house wouldn't suddenly evaporate 90% of his wealth.
“You have to pay property taxes on a house, which is very high in New York State, and you have to pay it every year. If you buy in Los Angeles, it is also one of the highest property taxes in the country. And the property tax is a state tax, you don’t live there. If you don't, you won't be able to enjoy many services brought by taxes.
For example, the simplest public education tuition fee reduction, if you are not married and have no children, you cannot enjoy this part of the subsidy.There is still time to buy real estate after you have children.
So if you don't want to live in it yourself, the house is just an asset that keeps paying costs. "
"Okay, then you can help me open a stock account. What stocks should I buy?"
"Your purpose is to avoid tax, so don't buy stocks that expect prices to rise. My suggestion is to buy some blue chip stocks. The stock price is stable for a long time, and you can hold them for a long time without selling them, so you don't have to pay capital gains tax. There are also quarterly Dividends are used as living expenses.”
"What are blue chips?"
"It's those well-run companies with a long history and stable profits." Lawrence said in a language Ronald could understand, "such as Coca-Cola, Kodak, IBM and so on."
"Okay, then you can help me design it, and set aside next year's taxes, and use all your spare money to buy these three stocks."
"You make a quick decision, Ronald, don't you have to think about it?"
"I don't have so much time to study investment. What you said is clear and reasonable. Big companies won't collapse so quickly, as long as they are safe."
"Didi..." The pager rang again.Lawrence resigned and left.
This time it was Spike Lee.
"I heard that Bigelow has received an investment of 75 US dollars and started shooting her first feature film?"
"Yes, Douglas Jr. helped her find a private investor in Georgia who invested $75 in production, and Catherine has approached it, and pulled some MoMA artists to do free labor. She Ready for a big fight."
"She's so lucky." Spike was very envious.
"It's hard to say. You've seen her script, and $75 is only enough for shooting. She asked me to divide the scene, and calculated that it must be completed within 20 days, otherwise it will overrun. This shooting speed can catch up with Roger Coe. Elman."
"Then who did her publisher find?"
"No distributor is willing to distribute her film. I suggest that she choose to send it to a foreign film festival. There are many buyers in the film festival. Maybe she can find a company willing to buy it."
"Anyway, she is lucky. I have no investors willing to invest in my film. I can only get a little money and shoot a little." Spike Lee hung up the phone enviously.
"Didi..." The pager came to remind me again.
Ronald called the service center.
"I have a message from you, please call Nisita at CAA, there is scriptwriting business."
Ronald's heart jumped. Is there a business call?
"Hi, Mr. Nisita, this is Ronald."
"Hi, Ronald. What do you know about Broadway musicals?"
"Musicals? I've only seen some, and I don't know much about screenwriting and production."
"It's okay, just watch it. I'm not asking you to write a musical. Your fame is very characteristic of musicals. Universal is looking for a screenwriter who understands teenagers, musicals, and musicals. Would you like Two months of hard work and $10?"
(End of this chapter)
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