Saturday, November 23, 2019

FedEx paid no federal income tax

https://www.nytimes.com/2019/11/17/business/how-fedex-cut-its-tax-bill-to-0.html?searchResultPosition=1

 

FedEx lobbied for corporate tax cuts and promised bigger investments. In the wake of Trump tax cut, NY Times finds: “If anything, the companies that received the biggest tax cuts increased their capital investment by less, on average, than companies that got smaller cuts.”

 

Charlie Cooper

H: 410-578-8291

M: 410-624-6095

Get Money Out – Maryland (GMOM)

 “We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.” – Louis Brandeis

 

 

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