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• dabernathy89 7y ago
  They could go into a lot more detail about exactly which provisions of tax reform helped FedEx, and how. They did not explain the 100% deduction for asset depreciation, or the fact that it's only a temporary provision of the law. They merely included a brief statement from FedEx referencing this provision in sort of generic terms. They also mentioned very briefly that a large part of the reduced tax bill was FedEx's pension contribution, but didn't provide any additional details about how tax reform encouraged this behavior. They also include misleading statements like this: > “Something like $1.5 billion in future taxes that they had promised to pay, just vanished,” said Matthew Gardner, an analyst at the liberal Institute on Taxation and Economic Policy in Washington. The idea that FedEx had "promised" to pay that money is just ridiculous.