www.localmemphis.com
When other airlines employ ten thousand or so in Tennessee with thousands of vans and semi's also paying fuel taxes at the pump then they are likely to get breaks too.State of Tennessee giving FedEx tax cut on jet fuel
State lawmakers have agreed to cut what FedEx has paid in taxes. The company will reportedly go from $32 million a year to just $1 million by 2025.
Bingo. More freebies for The Prime Weasel.
Either they give it to all....or they give it to none. It has little chance in court. Then again learning that Freddy The Weasel was going to farm a major share of his air freight out to third party cargo brokers no question that he could then cuff around the members of the scared of their own shadow Tennessee until he got what he wanted.State of Tennessee giving FedEx tax cut on jet fuel
State lawmakers have agreed to cut what FedEx has paid in taxes. The company will reportedly go from $32 million a year to just $1 million by 2025.
I await vantexans defense of FedEx Special Capitalism and an equal playing field for all.
They still have the Super Hub in Memphis and stations all over the state employing thousands. And thousands of vehicles paying taxes on gas and diesel, not to mention tag and registration fees.
See above. When other airlines do likewise in Tennessee I'm sure they'll be given breaks too. This is why companies like to relocate to low tax states.
Seems unnecessary, it’s not like FedEx can easily relocate. I don’t have a clue how jet fuel purchase logistics work but giving away that much revenue for no return sounds foolish.State of Tennessee giving FedEx tax cut on jet fuel
State lawmakers have agreed to cut what FedEx has paid in taxes. The company will reportedly go from $32 million a year to just $1 million by 2025.
That and FedEx is too poor to pay decent wages. Yeah, Van.
It applies to all airlines and the state has been reducing this tax for years, but don't let being ignorant about the issue stop you from OMG FEDEX GREASING THE PALMS AND GETTING SPECIAL TREATMENT GO TELL ALL YOUR CUSTOMERS MAYBE THEY'LL STOP USING FEDEX BECAUSE OF THIS DERP DERP DERP.
Never said that. Said they don't have the money to match UPS pay and benefits.
There you go again lil Freddy
LMAOF!
With the switchover to Ground they may be worried FedEx is considering closing an Express hub or two.
Glad you're amused!
Is it fair to entice companies like Tesla, Boeing etc to move to Right To Work states with free land, low to no taxes and free infrastructure? Sure, it “creates”jobs transferred from somewhere else, but they aren’t new jobs. Abbott and Haley can crow about being “job creators “, but it’s kind of a fraud.
The loss of 32 million in fuel taxes put a hole in the Tennessee state budget. Will be interesting to see how and where they make it up.
Isn't it amazing that people will purposefully leave out pertinent and meaningful facts so that they can change the whole connotation of a story? Then again, maybe they aren't smart enough to notice. But either way, I provided facts that were reported and actually give you the whole story instead of committing lies of omission so I could have a reason to clutch my pearls.
Kind of hard to believe they'd want to give up those high state rates, innit?
