Results 1 to 6 of 6
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09-19-2014 #1
- Join Date
- Jul 2009
- Local Union
- 492
- Employer
- ABF
- Location
- Albuquerque, NM
- Posts
- 36,896
- Rep Power
- 850
Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
“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has cut pensions and raised the costs of medical coverage for workers while continuing to lavish executives with this outdated perk.”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 #2
- Join Date
- Feb 2009
- Local Union
- 107
- Employer
- Retired - New Penn
- Location
- South Jersey
- Posts
- 12,107
- Rep Power
- 296
Re: Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
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09-19-2014 #3
- Join Date
- Aug 2009
- Local Union
- 222
- Employer
- YRC
- Location
- Utah
- Posts
- 24,829
- Rep Power
- 1118
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 #4
- Join Date
- Feb 2009
- Local Union
- 107
- Employer
- Retired - New Penn
- Location
- South Jersey
- Posts
- 12,107
- Rep Power
- 296
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 #5
- Join Date
- Jul 2009
- Local Union
- 492
- Employer
- ABF
- Location
- Albuquerque, NM
- Posts
- 36,896
- Rep Power
- 850
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09-19-2014 #6
- Join Date
- Feb 2009
- Local Union
- 107
- Employer
- Retired - New Penn
- Location
- South Jersey
- Posts
- 12,107
- Rep Power
- 296
Re: Teamsters Call On FedEx To Stop Paying Personal Taxes For Executives
Already done !
https://www.facebook.com/FXFEteamsters
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09-19-2014, 08:56 AM
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