Bad Moon Rising

bacha29

Well-Known Member
Not a good day for Fat Freddy and his minions. First CNBC.com has released the names of 91 companies who payed no federal income tax last year. Guess who's name is among them?
And if that ain't bad enough Amazon announced a short time ago that it's third party vendors are strictly prohibited from using Fedex Ground to ship their products and goods on. On top of all that tomorrow's earnings report comes out after the bell.
 

Purplepackage

Well-Known Member
Not a good day for Fat Freddy and his minions. First CNBC.com has released the names of 91 companies who payed no federal income tax last year. Guess who's name is among them?
And if that ain't bad enough Amazon announced a short time ago that it's third party vendors are strictly prohibited from using Fedex Ground to ship their products and goods on. On top of all that tomorrow's earnings report comes out after the bell.

So wait, Amazon’s 3rd party sellers can’t ship with ground starting today...today is the ground cut off to make it by Christmas. So essentially helping ground clean out there network..nice
 

59 Dano

I just want to make friends!
Not a good day for Fat Freddy and his minions. First CNBC.com has released the names of 91 companies who payed no federal income tax last year. Guess who's name is among them?

They were already accused of this by the NYT. Now the same accusation from CNBC, only it's buried in with 90 other accusations. Whoopee?
And if that ain't bad enough Amazon announced a short time ago that it's third party vendors are strictly prohibited from using Fedex Ground to ship their products and goods on.

Only applies to Prime shipments and it isn't permanent; third party sellers can still use Express.
 

burrheadd

KING Of GIFS
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bacha29

Well-Known Member
They were already accused of this by the NYT. Now the same accusation from CNBC, only it's buried in with 90 other accusations. Whoopee?


Only applies to Prime shipments and it isn't permanent; third party sellers can still use Express.
The PR damage has to be considerable. Hopefully the lesson to be learned is that contractors ran out of fast food wage labor long before they ran out of boxes.
Will they learn from it? Learn that you'll never get $40 an hour effort for a $15 wage ? Of course not.
 

MrFedEx

Engorged Member
They were already accused of this by the NYT. Now the same accusation from CNBC, only it's buried in with 90 other accusations. Whoopee?


Only applies to Prime shipments and it isn't permanent; third party sellers can still use Express.

Why do you always defend/deflect/rationalize what Fred does? Doesn't it concern you that FedEx pays zero in taxes? Why is that OK when the rest of us poor folk will end up paying for it through increased taxes or attacks on Social Security and Medicare in the future?

I guess a shill does what a shill will do.
 

MassWineGuy

Well-Known Member
I don’t see Dano denying it.

I know that Fred issued a company wide memo after the Times story, calling it “distorted” and inaccurate. THAT I doubt.
 

UpstateNYUPSer(Ret)

Well-Known Member
Why do you always defend/deflect/rationalize what Fred does? Doesn't it concern you that FedEx pays zero in taxes? Why is that OK when the rest of us poor folk will end up paying for it through increased taxes or attacks on Social Security and Medicare in the future?

I guess a shill does what a shill will do.

Are you faulting Fred, or the CEO's of the other 90 companies, for taking full advantage of the tax laws to benefit their companies? Do you not take advantage of each and every deduction that you are legally entitled to take?
 

HedleyLamarr

Well-Known Member
I don't know if this is just local, but one of our operation managers just told us Ground is no longer accepting packages because they are a week and a half behind and can't catch up.
 

bacha29

Well-Known Member
Are you faulting Fred, or the CEO's of the other 90 companies, for taking full advantage of the tax laws to benefit their companies? Do you not take advantage of each and every deduction that you are legally entitled to take?
It comes back to the Trump so called "tax cut" There is no such thing as a true tax cut. It just gets passed down the line through increased borrowing, and increased funding burdens placed on state,county, municipal government s and school districts.
 

Fred's Myth

Nonhyphenated American
It comes back to the Trump so called "tax cut" There is no such thing as a true tax cut. It just gets passed down the line through increased borrowing, and increased funding burdens placed on state,county, municipal government s and school districts.
Everything is bass ackwards with you. The sad fact is that there’s no such thing as spending cuts.
That’s why the budget should be allocated in percentages of revenues and not dollars, and capped at 100%.
 

bacha29

Well-Known Member
Everything is bass ackwards with you. The sad fact is that there’s no such thing as spending cuts.
That’s why the budget should be allocated in percentages of revenues and not dollars, and capped at 100%.
Cut spending huh? So where do you want to start? Veteran's benefits, Head Start, school lunch programs? How about the CDC/ NIH? Or perhaps the USDA food inspectors? Or how about eliminating the FAA? You want to climb into some old Aeroflot like condition plane and go for a ride and with no DHS around you might have an unwelcome piece of luggage in the form of a bomb.

Oh sure cutting spending has long been the battle cry of the cluckers but once the impact starts being felt they're are always hollering first and loudest
 
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