Notice something here. Fat Freddy doesn't seem to be denying the fact that X paid zero taxes but instead tries to deflect the focus onto what he perceives to be the benefits of the tax cut to "lower and middle class wage earners" Hahahaha!. In another interview a few weeks ago he was belly aching about wages in his opinion being too high.
Buying back stock and handing out big bonus money to top executives while the increase in cap x spending fell well short of what was promised in exchange for the tax cut.
It was granted on the basis of what industry paid lobbyists told congress. The promise of significantly expanded cap x spending . Trouble is that increase has amounted to little more than inflation adjusted increases.You make it sound as though the tax cut was granted on the condition that FedEx (and others) take specific actions with the savings from the tax cut.
It was granted on the basis of what industry paid lobbyists told congress. The promise of significantly expanded cap x spending . Trouble is that increase has amounted to little more than inflation adjusted increases.
Face it Dano. The problem with your company is that a huge sum of money was invested in China with the expectation of expanded trade but instead what you've got is a trade war with no end in sight. Isn't it about time that Fat Freddy owe up to his miscalculation instead of trying to find a way to deflect blame onto someone else?
LMAO. The primary constituency of the GOP has always been the business community and that's who fills up their campaign coffers. There were still committee hearings but they had their minds made up before they were even convened .You mean to tell me that a GOP Senate and a GOP House and a GOP president had to be lobbied to pass tax cuts? You are INSANE.
Hmmm. FedEx made a lot of investments in China, which you say they promised to make in order to get tax cuts, but there's a trade war and you think Fat Freddy should have to pay higher taxes? HMMMM. That would hit Express employees hardest and you'd complain about that.
That raises the question as to why you want to punish Express employees because Fat Freddy made investments in the company. I can answer that question: it's because you're not that bright.
LMAO. The primary constituency of the GOP has always been the business community and that's who fills up their campaign coffers. There were still committee hearings but they had their minds made up before they were even convened .
I never said anything about punishing Fedex employees. Gaming the system to avoid paying taxes in order to lessen the impact of an enormous miscalculation is punishing enough .
Not just to X employees but the nation as a whole given the tax cuts impact on the federal deficit . Offsetting the revenue losses from the tax cut required a perennial 4% GDP growth. It hasn't happened and projections are for a growth rate of 2-3% and we'll be lucky if we even get that.
It is a dead-end job. Because one is compensated more, deals with more unnecessary bs including the union, does not make it less dead-end. Truck driver is the definition of a dead-end job, actually. There's nowhere else to go. Your only platform for upward mobility is to put in your letter.Where’s the poster who said UPS driver is just as dead end of a job as FedEx Ground? Quite possibly the funniest post I have ever read on Brown Cafe