“Outrageous Distortion”: FedEx CEO Blasts NYT Publisher, Demands Public Debate Over “Factually Incorrect” Tax Story

Hot Air | 11/18/2019 | Staff
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In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing. What changed was the Trump administration’s tax cut — for which the company had lobbied hard.

The public face of its lobbying effort, which included a tax proposal of its own, was FedEx’s founder and chief executive, Frederick Smith, who repeatedly took to the airwaves to champion the power of tax cuts. “If you make the United States a better place to invest, there is no question in my mind that we would see a renaissance of capital investment,” he...
(Excerpt) Read more at: Hot Air
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