If I recall correctly, during the earnings call management mentioned that the projected UPS effective tax rate for Q1 would be 35%. A report today mentioned that many large U.S. corporations pay very little in federal income tax over the last 5 years and many have paid zero at least once during that span. This is not a small sampling as it includes 288 of the largest corporations in America. So, it seems to me that the GOP plan that is being bantered about that might lead to a 25% tax rate for U.S. corporations would benefit us while hurting other companies who seem able to write off untold amounts of expenses. Thoughts?
I donot know but you bring us a good question may be some one can tell us ,we know what ups paid but what about the others like fex ,ge,etc but don't for get the drug co. and insurance co. This should make people look and ask a lot of questions (don't YOU THINK)