Sol Rosenberg
Girthy Member
The Best Americans should not be burdened with taxes. Such a thing is unseemly. If we can just give them another 40 years of tax freedom they will create some jobs.
Another Round of Tax Cuts for the Wealthy
- Thread starter jerseyguy
- Start date
SloopJonB
Super Anarchist
Trickle, Trickle, Trickle.
It's amazing how stupid and gullible right wingers are - even a 10 Lb sledge to the temple won't wake them up.
It's amazing how stupid and gullible right wingers are - even a 10 Lb sledge to the temple won't wake them up.
Olsonist
Disgusting Liberal Elitist
Statement from Frederick W. Smith, Chairman and CEO of FedEx Corporation
November 17, 2019
The New York Times published a distorted and factually incorrect story on the front page of the Sunday, November 17 edition concerning FedEx and our billions of dollars of tax payments and billions of dollars of investments in the U.S. economy. Pertinent to this outrageous distortion of the truth is the fact that unlike FedEx, the New York Times paid zero federal income tax in 2017 on earnings of $111 million, and only $30 million in 2018 – 18% of their pretax book income. Also in 2018 the New York Times cut their capital investments nearly in half to $57 million, which equates to a rounding error when compared to the $6 billion of capital that FedEx invested in the U.S. economy during that same year.
I hereby challenge A.G. Sulzberger, publisher of the New York Times and the business section editor to a public debate in Washington, DC with me and the FedEx corporate vice president of tax. The focus of the debate should be federal tax policy and the relative societal benefits of business investments and the enormous intended benefits to the United States economy, especially lower and middle class wage earners.
I look forward to promptly hearing from Mr. Sulzberger and scheduling this open event to bring further public awareness of the facts related to these important issues.
https://about.van.fedex.com/newsroom/statement-from-frederick-w-smith-chairman-and-ceo-of-fedex-corporation/
This should be really interesting although he should challenge the authors instead of the publisher.
November 17, 2019
The New York Times published a distorted and factually incorrect story on the front page of the Sunday, November 17 edition concerning FedEx and our billions of dollars of tax payments and billions of dollars of investments in the U.S. economy. Pertinent to this outrageous distortion of the truth is the fact that unlike FedEx, the New York Times paid zero federal income tax in 2017 on earnings of $111 million, and only $30 million in 2018 – 18% of their pretax book income. Also in 2018 the New York Times cut their capital investments nearly in half to $57 million, which equates to a rounding error when compared to the $6 billion of capital that FedEx invested in the U.S. economy during that same year.
I hereby challenge A.G. Sulzberger, publisher of the New York Times and the business section editor to a public debate in Washington, DC with me and the FedEx corporate vice president of tax. The focus of the debate should be federal tax policy and the relative societal benefits of business investments and the enormous intended benefits to the United States economy, especially lower and middle class wage earners.
I look forward to promptly hearing from Mr. Sulzberger and scheduling this open event to bring further public awareness of the facts related to these important issues.
https://about.van.fedex.com/newsroom/statement-from-frederick-w-smith-chairman-and-ceo-of-fedex-corporation/
This should be really interesting although he should challenge the authors instead of the publisher.
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SloopJonB
Super Anarchist
CEO's don't deal with the help.
what was distorted and factually incorrect? All I read is a CEO deflecting....Statement from Frederick W. Smith, Chairman and CEO of FedEx Corporation
November 17, 2019
The New York Times published a distorted and factually incorrect story on the front page of the Sunday, November 17 edition concerning FedEx and our billions of dollars of tax payments and billions of dollars of investments in the U.S. economy. Pertinent to this outrageous distortion of the truth is the fact that unlike FedEx, the New York Times paid zero federal income tax in 2017 on earnings of $111 million, and only $30 million in 2018 – 18% of their pretax book income. Also in 2018 the New York Times cut their capital investments nearly in half to $57 million, which equates to a rounding error when compared to the $6 billion of capital that FedEx invested in the U.S. economy during that same year.
I hereby challenge A.G. Sulzberger, publisher of the New York Times and the business section editor to a public debate in Washington, DC with me and the FedEx corporate vice president of tax. The focus of the debate should be federal tax policy and the relative societal benefits of business investments and the enormous intended benefits to the United States economy, especially lower and middle class wage earners.
I look forward to promptly hearing from Mr. Sulzberger and scheduling this open event to bring further public awareness of the facts related to these important issues.
https://about.van.fedex.com/newsroom/statement-from-frederick-w-smith-chairman-and-ceo-of-fedex-corporation/
This should be really interesting although he should challenge the authors instead of the publisher.
Bus Driver
Bacon Quality Control Specialist
SloopJonB
Super Anarchist
Exactly my point.
The right wing dummies think it's warm rain.
The right wing dummies think it's warm rain.
Actually, his reference to the employee stock plan is interesting. They usually don't admit that and is one of the big people games that has been accelerating in recent years. Too big to fail, part 3. Evil. But smart. The beautiful people do understand the game.
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Sean
Super Anarchist
Opinion
The massive triumph of the rich, illustrated by stunning new data
https://www.washingtonpost.com/opinions/2019/12/09/massive-triumph-rich-illustrated-by-stunning-new-data/
The massive triumph of the rich, illustrated by stunning new data
https://www.washingtonpost.com/opinions/2019/12/09/massive-triumph-rich-illustrated-by-stunning-new-data/
SloopJonB
Super Anarchist
Why do you condemn their success?
They earned every penny.
You're just eaten up with envy.
They earned every penny.
You're just eaten up with envy.
Sol Rosenberg
Girthy Member
If we just let our Best Citizens have a little bit more, for another 40 years, they will get around to creating those good paying jobs. Stay the course.
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billy backstay
Backstay, never bought a suit, never went to Vegas
I think they been foolin' us dumb Plebians, Peasants and pawns, It's really a "trickle up' economy, they just pulled the wool over our eyes, and most of the GOOD Americans swallowed it hook, line and sinker. We got the Guvmint we deserved, because in general, we are too dumb, fat, lazy and prejudiced to pay attention with a critical eye, and critical judgement....
Sol Rosenberg
Girthy Member
The Best Americans use their media bullshit machine to keep the masses hating each other. Divide and conquer.
SloopJonB
Super Anarchist
The best explanation or illustration of it I've seen yet - and it's been 35 years.
I guess they never will wake up.
I guess they never will wake up.
