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I did consulting work for FedEx. Instead of asking America to bail him out like we've bailed out banks, Fred might want to look at his company. I've never actu
by logjam 18y ago
I did consulting work for FedEx.
Instead of asking America to bail him out like we've bailed out banks, Fred might want to look at his company. I've never actually encountered a more inbred group of incompetents. They, like Microsoft, happened to become lottery winners....and like Microsoft, they will watch themselves slowly lose to more agile organizations. He (and McCain) are completely backwards looking.
- Prrometheus 18y agoHe's not asking the government to "bail him out". He's asking them to get out of his way.
- comatose_kid 18y agoright - exactly what do you think he's doing by asking for a write off on a fleet of 777s?
- Prrometheus 18y agoMatch his tax bills more closely to his cash expenditures?
- comatose_kid 18y agoJust like the write off consumers receive when they buy goods, right?
- deleted 18y ago[deleted]
- deleted 18y ago[deleted]
- Prrometheus 18y agoAre you suggesting that companies should pay tax on their revenue, and not their earnings?
- DanielBMarkham 18y agoI mailed a FedEx letter once. I don't believe that running successful business is like winning the lottery. If I did, I wouldn't spend so much time learning about how to form and run startups. FedEx is a tremendous success story. Created an entire business niche where none existed before. You can either have more of that or less of it. I know where I stand.
- timr 18y agoI agree. We should promote entrepreneurship by doing things like funding universal health coverage -- with the money we save from rolling back the corporate welfare state. Giving more money to companies that are already successful doesn't encourage innovation; it encourages hoarding.
- DanielBMarkham 18y agoHow about we don't "give" money to anybody? Maybe let them keep more of the money they've already earned? Since when did the entire economic output of the country become ours to decide how to allocate? Did I miss the revolution?
- walterk 18y agoThe answer as to when some portion of the economic output of the country became ours to decide how to allocate is when a majority of taxpayers approved of it, including some fantastically wealthy folks who earned their money. Those are the breaks of living and doing business in a democratic country.
- DanielBMarkham 18y agoWhen the question begins with "Since when", I would expect the answer to involve a date. which I believe to be 1913. The gist of the question was when the default mode of taxation changed to be for social engineering. That answer, of course, is much more complicated. The point of the question, of course, is that the tax code is a monstrosity and intellectual abortion and to argue that it's broken, but only in these small areas, is to engage in the same idiocy that created the monster in the first place. To understand "when" -- it's roots and history -- is to understand why bickering over details is specious.