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Thread: FedEx thanks Congress and Trump for tax reform

  1. #1
    Taking A Stand!!!

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    Default FedEx thanks Congress and Trump for tax reform

    What does this tell you????

    The largest Memphis-based public company has officially thanked Washington for the recent tax reform.

    FedEx Corp. released a statement Dec. 22, which said:
    “We applaud Congress for passage of the Tax Cuts and Jobs Act and thank the president for signing this legislation, which will modernize the U.S. tax code and increase America’s competitiveness. FedEx has long supported tax reform efforts which offer pro-growth, pro-business solutions that will power the economy, increase business investment and expand job opportunities.”
    During FedEx’s Dec. 19 second quarter 2018 earnings call — just prior to the official passage of the tax reform — Alan Graf, executive vice president and chief financial officer for FedEx Corp., said any capital acceleration would primarily be allocated for equipment, technology and pension funds and would grow earnings per share.
    https://www.bizjournals.com/memphis/...ax-reform.html
    fedexnuno likes this.

  2. #2
    Scab Hating Union Thug

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    Default Re: FedEx thanks Congress and Trump for tax reform

    Let the hosings begin!

    Sent from my SM-J327T using Tapatalk
    fedexnuno likes this.

  3. #3
    Steward

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    Default Re: FedEx thanks Congress and Trump for tax reform

    Fred was a bit quite during the Republican tax cut...you think he was going to expose himself?

  4. #4
    Scab Hating Union Thug

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    Default Re: FedEx thanks Congress and Trump for tax reform

    Hmmmmmmmm.

    Sent from my SM-J327T using Tapatalk

  5. #5
    Retired !

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    Default Re: FedEx thanks Congress and Trump for tax reform


    The wealthy elitists are laughing all the way to their Swiss bank accounts.
    222lifer and fedexnuno like this.

  6. #6
    Taking A Stand!!!

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    Default Re: FedEx thanks Congress and Trump for tax reform

    FedEx to give wage increases, bonuses to workers

    Sure they are going to make themselves look really good to keep out the nasty union. And all the while there is ABF barely keeping their road drivers working right now due to contract negotiations. And we wonder why some don't want a union? Look at the game playing here.

    FedEx says it'll be giving wage increases, bonuses and make a voluntary $1.5 billion contribution to the company's pension plan, citing recent tax reform legislation.

    The package delivery company follows others doing the same, including Home Depot, Disney, Starbucks, and Walmart.

    FedEx said Friday that it'll raise compensation by more than $200 million, with about two-thirds going to hourly workers by pushing up this year's annual pay increases to April 1st from the normal October date. The rest of the money will fund increases in performance-based incentive plans for salaried personnel.
    https://www.cnbc.com/2018/01/26/fede...o-workers.html

  7. #7
    Steward

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    Default Re: FedEx thanks Congress and Trump for tax reform

    Yup, just wet their beaks and they all hushed up...bribes
    ABFwife likes this.

 

 

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