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Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">This is fodder for a devastating set of ads about how Trump ran as a “populist” but governed as a plutocrat <a href="https://t.co/cVmU90n5Kk">https://t.co/cVmU90n5Kk</a></p>— Dan Pfeiffer (@danpfeiffer) <a href="https://twitter.com/danpfeiffer/status/1196078101068836865?ref_src=twsrc%5Etfw">November 17, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
Deutsche Gopher Fan said:
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">This is fodder for a devastating set of ads about how Trump ran as a “populist” but governed as a plutocrat <a href="https://t.co/cVmU90n5Kk">https://t.co/cVmU90n5Kk</a></p>— Dan Pfeiffer (@danpfeiffer) <a href="https://twitter.com/danpfeiffer/status/1196078101068836865?ref_src=twsrc%5Etfw">November 17, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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Thanks. I was hoping someone would post that.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Deutsche Gopher Fan said:
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">This is fodder for a devastating set of ads about how Trump ran as a “populist” but governed as a plutocrat <a href="https://t.co/cVmU90n5Kk">https://t.co/cVmU90n5Kk</a></p>— Dan Pfeiffer (@danpfeiffer) <a href="https://twitter.com/danpfeiffer/status/1196078101068836865?ref_src=twsrc%5Etfw">November 17, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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FedEx CEO challenges New York Times publisher to public debate after tax story

"Pertinent to this outrageous distortion of the truth is the fact that unlike FedEx, the New York Times paid zero federal income tax in 2017 on earnings of $111 million, and only $30 million in 2018 — 18% of their pretax book income. Also in 2018 the New York Times cut their capital investments nearly in half to $57 million, which equates to a rounding error when compared to the $6 billion of capital that FedEx invested in the U.S. economy during that same year," he argued in the press release.

The Times reported earlier Sunday that FedEx's financial filings revealed the company to have "owed no taxes in the 2018 fiscal year overall." According to the report, the company has saved $1.6 billion so far under the GOP tax reform plan passed in late 2017.

“FedEx invested billions in capital items eligible for accelerated depreciation and made large contributions to our employee pension plans,” the company told the Times in response to that story. “These factors have temporarily lowered our federal income tax, which was the law’s intention to help grow G.D.P., create jobs and increase wages.”

The New York Times did not immediately respond to a request for comment on FedEx's statement.
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Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Pretty soon these whiny old white dudes will be challenging each other to duels again. :rolleyes:

Actually, now that I think about it, this would be a great way to get rid of Upper Class Twits of the Year. Let's legalize dueling as a solution to disputes for anyone who earns $200,000+/yr.
 
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Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

FadeToBlack&Gold said:
Pretty soon these whiny old white dudes will be challenging each other to duels again. :rolleyes:

Actually, now that I think about it, this would be a great way to get rid of Upper Class Twits of the Year. Let's legalize dueling as a solution to disputes for anyone who earns $200,000+/yr.
Click to expand...

Legalize it? How about mandate it?
 
Rover said:
Great! 2 questions: 1) When are Kepler and mookie squaring off, and 2) Where can I place a wager on the outcome?
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Two questions: 1) When are you Kepler for finally going to f-? 2) What’s the best way to gouge out my eyes so I never have to see #1?
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Rover said:
Great! 2 questions: 1) When are Kepler and mookie squaring off, and 2) Where can I place a wager on the outcome?
Click to expand...

Don't know the answer to the first one, but I can handle the betting. All profits will go to a worthy cause... ME.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Jimjamesak said:
Two questions: 1) When are you Kepler for finally going to f-? 2) What’s the best way to gouge out my eyes so I never have to see #1?
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When will the Lifetime Original Movie be made about Rover and Kep?
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Jimjamesak said:
Two questions: 1) When are you Kepler for finally going to f-? 2) What’s the best way to gouge out my eyes so I never have to see #1?
Click to expand...

Since # 1 won't happen, you needn't worry about #2. ;)

EDIT: Should I be worried that Kep hasn't raised any objections yet? :eek: ;)
 
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