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  • daily ROUTINES

    sharefacebooktwitter
    22 February 2019


    Hi MLE,

    Everyone who knows me knows that I stretch while I read and drink tea each morning, for about 15 minutes. I’ve done every day since I was 16. I can’t stand just waking up and rushing out of the house. And I would never think of leaving the house without making the bed!  This week I write to you about my interest and fascination in people’s morning routines.

    From 1976 to 1987, Andy Warhol woke up and had a phone call with his friend Pat Hackett at 9am to dictate the previous day’s events. This was because Inland Revenue audited his business each year, so this helped him keep track of his expenses. He would then have breakfast downstairs with his two dashunds and his housekeepers. I always suspected Andy had a relatively uneventful morning routine.

    After a cup of tea, Louise Bourgeois was picked up at her home by her assistant at exactly 10am, and the pair would drive to her Brooklyn studio. Hmm, another uneventful, yet rather strict routine.

    Joan Miro was another artist, set in his morning routine. Every morning, he would wake up and get ready and would be at work by exactly 7am.  He would then have a break at noon for one hour when he would exercise. He felt that routine and exercise would keep depression at bay (he had a bout of severe depression in his teens), so makes sense.

    Georgia O’Keeffe rose with the sun and a cup of tea each day, followed by a half hour walk in the desert. She loved this time of day, when no one was around.  At 7am, her cook served breakfast.

    I just got this audiobook, which lists the routines of 161 artists, philosophers, scientists, etc.  Listening to something while I get dressed and make the bed in the morning is another one of my routines…

    Daily Rituals, How Artists work.

    Suzan
    Posted in: random
    -Tags: routines
  • The advantage of being a multinational corporation

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    15 November 2017

    Hi MLE,

    A trove of leaked documents published last week by the International Consortium for Investigative Journalists (ICIJ) have confirmed how the world’s ultra-rich become richer by exploiting tax shelters.

    Nike’s European headquarters is based in the Netherlands. In 2006 the Dutch government granted the brand a new tax deal that allowed it to open a subsidiary in Bermuda (which is of course a shell company). This subsidiary owns Nike’s intangible design assets – like its logo and trademarks – for all markets outside of the United States. Since it is based in Bermuda, which is a tax-free country, Nike is not taxed at all on the billions in revenue these licensing fees generate.

    But this was not enough. In 2014, Nike found a way to successfully exploit a Dutch tax law from 1830 called a “commanditaire vennootschap” (CV), or limited partnership, which lets multinational corporations skirt taxes in the Netherlands and abroad, too.

    Thanks to its corporate restructuring, Nike’s tax global rate dropped from 34.9% in 2007 to 13.2% this year.

    Other leaked documents show how other multinationals like Uber are doing the same thing. The UK is losing out on much-needed tax dollars from Uber. Yet another reason why I don’t want them in this country. 

    Speak next week!

    Suzan
    Posted in: random logos
    -Tags: Nike UBER