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fedex pays little taxes, busts unions, and bribes government for favors
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<blockquote data-quote="rickyb" data-source="post: 1513493" data-attributes="member: 56035"><p>just saw this about fedex:</p><p></p><p>Leaked documents recently revealed that hundreds of <a href="http://www.huffingtonpost.com/2014/11/05/luxembourg-tax-haven_n_6094544.html" target="_blank">international companies have avoided paying billions of dollars in taxes</a> by establishing secret tax havens in the small European country of Luxembourg. Among the leading tax dodgers is <strong>FedEx, a company with a reprehensible track record of avoiding taxation while profiting off of government subsidies, union-busting, </strong>and<strong> job slashing.</strong></p><p><strong>According to <strong>Americans for Tax Fairness</strong>, between 2010 and 2013, FedEx made $6 billion but paid absolutely no corporate income taxes. Meanwhile, FedEx received government contracts––worth over $1 billion of taxpayer money per year––to deliver Express and Priority mail for the United States Postal Service. </strong></p><p><strong>And although the company can't be bothered to pay it’s own taxes, FedEx coveres the personal income taxes of top executives, including CEO Fred S.</strong></p><p><strong></strong></p><p><strong><strong>Sign to join us in calling on Fred S and FedEx to start paying their fair share!</strong></strong></p><p><strong></strong></p><p><strong>The company is also more than happy to funnel money into the pockets of politicians. <strong>In just two years, FedEx spent $50 million lobbying Congress to keep taxes low and to prevent its employees from unionizing.</strong></strong></p><p><strong>While FedEx workers can’t count on living wages or pensions, CEO Fred S made $13.7 million in 2012, and had retirement benefits worth $25.6 million. Fred S doesn’t have to worry about job security, unlike the 1,600 FedEx employees whose jobs were eliminated between 2001 and 2012.</strong></p><p><strong></strong></p><p><strong>Enough is enough. <strong>American workers manage to pay their taxes while living paycheck to paycheck.</strong> There’s no reason Fred S and FedEx shouldn’t do the same.</strong></p><p><strong></strong></p><p><strong>Join us in calling on Fred S and FedEx to pay their fair share!</strong></p></blockquote><p></p>
[QUOTE="rickyb, post: 1513493, member: 56035"] just saw this about fedex: Leaked documents recently revealed that hundreds of [URL='http://www.huffingtonpost.com/2014/11/05/luxembourg-tax-haven_n_6094544.html']international companies have avoided paying billions of dollars in taxes[/URL] by establishing secret tax havens in the small European country of Luxembourg. Among the leading tax dodgers is [B]FedEx, a company with a reprehensible track record of avoiding taxation while profiting off of government subsidies, union-busting, [/B]and[B] job slashing. According to [B]Americans for Tax Fairness[/B], between 2010 and 2013, FedEx made $6 billion but paid absolutely no corporate income taxes. Meanwhile, FedEx received government contracts––worth over $1 billion of taxpayer money per year––to deliver Express and Priority mail for the United States Postal Service. And although the company can't be bothered to pay it’s own taxes, FedEx coveres the personal income taxes of top executives, including CEO Fred S. [B]Sign to join us in calling on Fred S and FedEx to start paying their fair share![/B] The company is also more than happy to funnel money into the pockets of politicians. [B]In just two years, FedEx spent $50 million lobbying Congress to keep taxes low and to prevent its employees from unionizing.[/B] While FedEx workers can’t count on living wages or pensions, CEO Fred S made $13.7 million in 2012, and had retirement benefits worth $25.6 million. Fred S doesn’t have to worry about job security, unlike the 1,600 FedEx employees whose jobs were eliminated between 2001 and 2012. Enough is enough. [B]American workers manage to pay their taxes while living paycheck to paycheck.[/B] There’s no reason Fred S and FedEx shouldn’t do the same. Join us in calling on Fred S and FedEx to pay their fair share![/B] [/QUOTE]
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