Discussion in 'FedEx Discussions' started by UpstateNYUPSer, Jul 5, 2011.
Sure. I guess FedEx will also be providing parts and training. This is great PR and a major coup for PAI.
They could provide some parts, if they choose to. And ,yes, it is a great PR.
Looks like everyone benefits. Good deal.
Fred buys more favors from congressman.
That's pretty much it in a nutshell.
What looks like a contribution is just gonna line Fred's pockets more down the road.
So now Chuck Schumer is in Fred's pocket?
...as well as his "little girl" Kristen Gillibrand.
She can be in my pocket.
Not that much of one. The value of the plane reduces the company's taxable income. For example, if it's worth a million bucks and FDX's tax bracket is 35%, it's a tax savings of $350k.
According to the article in today's local paper, the spokesman for FedEx said that there are no tax write-offs for the donation.
Bingo! What do you do with an obsolete, fuel-guzzling, noisy jet that can't even be sold to a Third World country? Make a big PR stink and donate it for a big fat deduction.
You don't believe anything the FedEx reps tell you, why do you believe there's no writeoff?
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