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All federal government agencies are exempt from state and local taxes, there's nothing particularly special about the USPS in that regard. In fact, state laws d
by bdowling 7y ago
All federal government agencies are exempt from state and local taxes, there's nothing particularly special about the USPS in that regard. In fact, state laws don't really apply to them (e.g., postal vehicles don't have state license plates).
This idea of a "huge payout to them from the government" doesn't make any sense. Who exactly is receiving this payout? There are no stockholders who would receive dividends from the profits, if there were any, which there aren't. [0]. There is no stock price going up, because there is no stock.
[0] https://about.usps.com/news/national-releases/2018/pr18_093.htm https://about.usps.com/news/national-releases/2018/pr18_093.... (net loss of $3.9 billion for FY 2018)