We all know that one can make statements that while factually correct, can be misleading, distorting, or unsound in some other way. (e.g. The statement "the div

We all know that one can make statements that while factually correct, can be misleading, distorting, or unsound in some other way. (e.g. The statement "the divorce rate is highly correlated to the per capita consumption of margarine" is factually true [1] - but left on its own might leave people with the impression one has to do with the other) [1] http://tylervigen.com/spurious-correlations http://tylervigen.com/spurious-correlations The same is true here - leaving out the context that FedEx has spent ~$50b on capex in the past 10 years and recognized $8.2b of income tax expense in the same 10 year period (which is not all US fedral, and might not have been the amount remitted over that period) changes the tone of the story. Additionally, really all that is happening is that tax collections go down a bunch in one year and up for the following six years, the only gain is on time value of money)