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09-19-2014 #1Taking A Stand!!!
- Join Date
- Jul 2009
- Local Union
- 492
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- ABF
- Location
- Albuquerque, NM
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- 38,213
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- 864
Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives | Teamsters“Shareholders are fed up with FedEx paying personal taxes for the company’s well compensated executives,” said Ken Hall, General Secretary-Treasurer of the International Brotherhood of Teamsters. “FedEx has cut pensions and raised the costs of medical coverage for workers while continuing to lavish executives with this outdated perk.”
According to the company’s 2014 proxy statement, FedEx paid out more than $1.8 million in tax gross ups for the named executive officers last year. Over the past four years FedEx has paid more than $6.4 million just in tax payments for top executives’ restricted stock awards. The FedEx shareholder meeting will be Sept. 29.
A review of ISS research indicates that only fewer than 40 companies in the S&P 500 continue to pay tax gross-ups with no commitment to eliminate the practice.
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09-19-2014 #2Retired !
- Join Date
- Feb 2009
- Local Union
- 107
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- Retired - New Penn
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- South Jersey
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- 13,116
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Re: Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
WHAT ?
Originally Posted by ABFwife
These rich SOB's don't even pay all their taxes ( well that's not a surprise ) but really, soak the labor force while lavishing stupid perks on the top 1%.
This is disgusting.
Should be posted on the facebook page about organizing Fedex Freight.
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09-19-2014 #3Scab Hating Union Thug
- Join Date
- Aug 2009
- Local Union
- 222
- Employer
- YRC
- Location
- Utah
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- 26,101
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- 1132
Re: Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
Ah yes, the good 'ol boys club. They are special aren't they? Hey FedEx drivers, VOTE YES!
Sent from my SGH-T399 using Tapatalk
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09-19-2014 #4Retired !
- Join Date
- Feb 2009
- Local Union
- 107
- Employer
- Retired - New Penn
- Location
- South Jersey
- Posts
- 13,116
- Rep Power
- 308
Re: Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
I just posted the story ABFwife posted on the organize Fedex freight facebook page.
Let the fools know what they gave up goes to pay taxes for the already wealthy executives.
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09-19-2014 #5Taking A Stand!!!
- Join Date
- Jul 2009
- Local Union
- 492
- Employer
- ABF
- Location
- Albuquerque, NM
- Posts
- 38,213
- Rep Power
- 864
Re: Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
Maybe brother Nuno can take care of putting it on the FB page. Originally Posted by fxstc07
WHAT ?
These rich SOB's don't even pay all their taxes ( well that's not a surprise ) but really, soak the labor force while lavishing stupid perks on the top 1%.
This is disgusting.
Should be posted on the facebook page about organizing Fedex Freight.
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09-19-2014 #6Retired !
- Join Date
- Feb 2009
- Local Union
- 107
- Employer
- Retired - New Penn
- Location
- South Jersey
- Posts
- 13,116
- Rep Power
- 308
Re: Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
Already done ! Originally Posted by ABFwife
Maybe brother Nuno can take care of putting it on the FB page.
https://www.facebook.com/FXFEteamsters
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