FedEx, Taxes, and Paying for Infrastructure

#4
#4
All raising Corp taxes do is increase consumer prices and create stagnant wage growth. Plus the proposed increase would cover a fraction of the planned spending bill

But everyone will benefit from those taxes.
 
#9
#9
All raising Corp taxes do is increase consumer prices and create stagnant wage growth. Plus the proposed increase would cover a fraction of the planned spending bill

Did you see a decline in the prices at Target after the 2017 tax bill?
 
#10
#10
Did you see a decline in the prices at Target after the 2017 tax bill?
Did I see an increase? Did I see my company hand out $10,000 bonuses to the people below me, which vested after 4 years, and grew to almost $20,000? Did I see my company increase their side of insurance coverage every year sense that tax bill was passed, as promised, and follow through? Did I see them use that money and invest in our consumers experience, by doubling the amount of protein we serve on our most popular dish which cost us $20 million year? Yes I saw that . Oh and I watched our CEO lecture our Brand Presidents about not increasing menu prices.
 
#11
#11
Did I see an increase? Did I see my company hand out $10,000 bonuses to the people below me, which vested after 4 years, and grew to almost $20,000? Did I see my company increase their side of insurance coverage every year sense that tax bill was passed, as promised, and follow through? Did I see them use that money and invest in our consumers experience, by doubling the amount of protein we serve on our most popular dish which cost us $20 million year? Yes I saw that .

You didnt answer my question. Not even saying I disagree with the bulk of your argument earlier.

Just saying Fed Ex customers didn't see a price break in 2017 and likely won't see an offsetting increase now if enacted.

FedEx shareholders will be more impacted than their customers.
 
#12
#12
You didnt answer my question. Not even saying I disagree with the bulk of your argument earlier.

Just saying Fed Ex customers didn't see a price break in 2017 and likely won't see an offsetting increase now if enacted.

FedEx shareholders will be more impacted than their customers.

You don't know if they did not see a price break. How do you know it wouldn't have gone up more without the break. Furthermore, those shareholders are actually who we should care about. Everyone thinks they are fat cats hanging out on the beach. They are not. My companies biggest investor is a states teachers union retirement fund. We live in a world of institutional investing.
 
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#13
#13
You don't know if they did not see a price break. How do you know it wouldn't have gone up more without the break. Furthermore, those shareholders are actually who we should care about. Everyone thinks they are fat cats hanging out on the beach. They are not. My companies biggest investor is a states teachers union retirement fund. We live in a world of institutional investing.

You aren't wrong about the shareholders (of course, decrease in share price = less spending overall and less taxable gains for individuals/IRS revenue).

Back to the FedEx example, per their 10K their operating margins (before taxes and misc items) were stagnant pre and post 2017 reform (between 6.4% and 6.5%).
 
#14
#14
Looks like the FedEx Indy facility expansion that occurred as a result of Tax Reform has an active shooter...
 
#19
#19
It still amazes me that people support this kind of thing..... as if corporations pay taxes
iu
 
#20
#20
You didnt answer my question. Not even saying I disagree with the bulk of your argument earlier.

Just saying Fed Ex customers didn't see a price break in 2017 and likely won't see an offsetting increase now if enacted.

FedEx shareholders will be more impacted than their customers.
LOL
 
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#24
#24
Those golden parachutes are like coaching buyouts. You want a proven CEO you are going to pay out the ass for that parachute. Not saying I like it. But I get it.
And the $500,000 luxury boxes and $100,000 golf club memberships are also perks needed to secure the best talent. I don't totally buy that, and I certainly don't like it, but I get it.........just like with taxes. The consumer ends up funding spending they don't agree with that goes to people they feel shouldn't be getting the help.
 
#25
#25
And the $500,000 luxury boxes and $100,000 golf club memberships are also perks needed to secure the best talent. I don't totally buy that, and I certainly don't like it, but I get it.........just like with taxes. The consumer ends up funding spending they don't agree with that goes to people they feel shouldn't be getting the help.
But you are good with higher taxes.

job killers.
 
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