Big Tax Cut for companies to go back to workers. How much will FDX pay u$?

[Operational needs]

Your diversionary tactics are entertaining, but not pertinent.

You alleged a criminal activity whereby UPS paid cash to LLBean in exchange for exclusive shipping rights.

I requested a verifiable source that you can't or won't provide.

The only logical conclusion is that you are a rumor-mongering troll, or a believer in fairytales.

Either way, you have discredited everything you post.

Is that illegal?

 

[Fred's Myth]

Is that illegal?

Cash transaction is. IRS would crucify them.

 

[Operational needs]

Cash transaction is. IRS would crucify them.

Oh. I didn’t realize he meant actual CASH.

 

[Fred's Myth]

Oh. I didn’t realize he meant actual CASH.

Just going by what the man said.

 

[bacha29]

Cash transaction is. IRS would crucify them.

Oh so now you're an IRS auditor? LMAO. UPS is a publicly traded stock on the NYSE and in order to be listed on the NYSE a company's accounting practices have to meet rules far more stringent than those found on other trading platforms such as foreign based or the over the counter market. The practice of buying business accounts is more common than you think. If fact acquiring extra super market shelf space in some cases has to be purchased by the food vendor.

 

[Fred's Myth]

Oh so now you're an IRS auditor? LMAO. UPS is a publicly traded stock on the NYSE and in order to be listed on the NYSE a company's accounting practices have to meet rules far more stringent than those found on other trading platforms such as foreign based or the over the counter market. The practice of buying business accounts is more common than you think. If fact acquiring extra super market shelf space in some cases has to be purchased by the food vendor.

"Bribery in business is illegal, just as it is in government and public organizations. A business bribe typically occurs when a company or representative gives money or financial considerations to another person, business or public official to gain favor or to manipulate business decisions of partners, suppliers or buyers."
"Bribery goes against the basic philosophy of the U.S. free enterprise system, which is to let the best company when in competitive business scenarios. Having the best product, best service, lowest cost or best management are ways you can succeed. Kickbacks, reciprocity and so-called "under the table" money are examples of bribery."
"You and your business face both civil and criminal charges if you commit bribery."
Are Bribes in Business Illegal?

 

[bbsam]

"Bribery in business is illegal, just as it is in government and public organizations. A business bribe typically occurs when a company or representative gives money or financial considerations to another person, business or public official to gain favor or to manipulate business decisions of partners, suppliers or buyers."
"Bribery goes against the basic philosophy of the U.S. free enterprise system, which is to let the best company when in competitive business scenarios. Having the best product, best service, lowest cost or best management are ways you can succeed. Kickbacks, reciprocity and so-called "under the table" money are examples of bribery."
"You and your business face both civil and criminal charges if you commit bribery."
Are Bribes in Business Illegal?

Then what is a discount?

 

[bacha29]

"Bribery in business is illegal, just as it is in government and public organizations. A business bribe typically occurs when a company or representative gives money or financial considerations to another person, business or public official to gain favor or to manipulate business decisions of partners, suppliers or buyers."
"Bribery goes against the basic philosophy of the U.S. free enterprise system, which is to let the best company when in competitive business scenarios. Having the best product, best service, lowest cost or best management are ways you can succeed. Kickbacks, reciprocity and so-called "under the table" money are examples of bribery."
"You and your business face both civil and criminal charges if you commit bribery."
Are Bribes in Business Illegal?

If the transaction is reported as income and expense by both parties?? That makes it a purchase not a bribe

 

[Operational needs]

Then what is a discount?

Having the best price.

 

[bacha29]

Perhaps Bean simply sold UPS the rights to transport and deliver it's products. Anybody consider that possibility?

 

[bacha29]

BTW According to a press release from X . The cuts courtesy of the new tax bill will add 1.5 billion to the company's bottom line next fiscal year.

 

[vantexan]

BTW According to a press release from X . The cuts courtesy of the new tax bill will add 1.5 billion to the company's bottom line next fiscal year.

I seem to recall FedEx now has 270,000 employees. If that $1.5 Billion was given to the employees equally they'd see a $2.67hr raise on 40 hrs a week.

 

[bbsam]

I seem to recall FedEx now has 270,000 employees. If that $1.5 Billion was given to the employees equally they'd see a $2.67hr raise on 40 hrs a week.

Every year.

 

[vantexan]

Every year.

Oh, you only give raises a year at a time? Interesting. But no, they wouldn't get a $2.67hr raise, then next year another $2.67hr raise on top of that. They'd get one permanent raise that would be paid for by the tax savings.

 

[bbsam]

Oh, you only give raises a year at a time? Interesting. But no, they wouldn't get a $2.67hr raise, then next year another $2.67hr raise on top of that. They'd get one permanent raise that would be paid for by the tax savings.

The tax savings are permanent. Why would the raise be a one time thing?

 

[bacha29]

The tax savings are permanent. Why would the raise be a one time thing?

A very very small portion of those savings will get down to street level employees . Probably about the same for contractors. Acquisitions? Stay tuned on that one.

 

[Fred's Myth]

If the transaction is reported as income and expense by both parties?? That makes it a purchase not a bribe

"If" denotes speculation. Still no verifiable source. Can only surmise that you don't have one.

 

[It will be fine]

"If" denotes speculation. Still no verifiable source. Can only surmise that you don't have one.

Why do you care so much? Just trolling? It's pretty common knowledge that UPS "buys" business. They'll offer credits and discounts that price them at or even below cost to keep customers. I've had plenty of shippers that switch to Ground for a few months and then go back saying what UPS was offering for cost was ridiculously low. It's what they do.

 

[Operational needs]

Why do you care so much? Just trolling? It's pretty common knowledge that UPS "buys" business. They'll offer credits and discounts that price them at or even below cost to keep customers. I've had plenty of shippers that switch to Ground for a few months and then go back saying what UPS was offering for cost was ridiculously low. It's what they do.

Shopping for the best discounts.

 

[It will be fine]

Shopping for the best discounts.

It's very common. Sales will get mad at me for not bending over backwards when people switch over. It's not worth my time and effort when I know they'll switch again and it's entirely out of my control.