View Post

UPS, FedEx Already Get Millions in Tax Benefits for a Mixed Bag on Job Creation

In TYT Investigates by TYT Investigates1 Comment

FedEx workers at a sort facility at the FedEx Oakland Airport in Oakland, California, unload a shipping container in November, 2005. Photo by Justin Sullivan/Getty Images. By Steve Horn Fifth in a series on FedEx, UPS, and their positions on taxes and jobs Although FedEx and UPS are actively working to bolster the coming Republican tax bill, both companies have already …

View Post

TYT Investigates Series: Tax Cuts & Job Creation – Lockheed Martin

In TYT Investigates, Uncategorized by TYT Investigates0 Comments

Above: Lockheed Martin display at the Defence and Security Exhibition in London on September 15, 2015. Photo by Ben Pruchnie/Getty Images.  While Making Massive Acquisitions and Record Profits, Lockheed Martin Cuts Jobs Lockheed Martin, the arms manufacturer behemoth lobbying for corporate tax cuts, has suggested that lower corporate tax rates would allow it to increase its domestic employment, but the company’s financial filings …

View Post

Contradicting Lockheed Martin Executive, Former Senior Military Officials Say Tax Reform Isn’t A Priority

In TYT Investigates by TYT Investigates1 Comment

On October 9, 2017, Lockheed Martin’s Marillyn Hewson appeared on a panel in Washington, D.C., at the Fortune “Most Powerful Women Summit,” alongside Ivanka Trump, Deloitte CEO Cathy Engelbert, and co-chair, Most Powerful Women International, Nina Easton. (Photo by Paul Morigi/Getty Images for Fortune) By Michael Tracey While Lockheed Martin’s top executive has helped push the message that President Trump’s proposed …

View Post

Lockheed Martin Expands Manufacturing Overseas While Pushing Tax Cuts as Job Creators

In TYT Investigates by TYT Investigates1 Comment

Above: Lockheed Martin Chairwoman, President, and CEO Marillyn Hewson speaks during the USA Science & Engineering Festival in Washington, D.C., on April 15, 2016. Photo by Alex Wong/Getty Images.  By Michael Tracey Lockheed Martin, the world’s largest military contractor, is actively helping President Trump sell tax cuts as job creators, even as its own financial filings show the company is investing in an increasing …

View Post

UPS Seeks Tax Cuts on Top of Cuts Already Subsidizing Student Labor

In TYT Investigates by TYT Investigates1 Comment

Above: Packages being unloaded at UPS Worldport in August 2009; via ups.com By Steve Horn Fourth in a series on FedEx, UPS, and their positions on taxes and jobs Although UPS CEO David Abney has publicly boosted the message from President Trump and congressional Republicans that corporate tax cuts will create jobs, his company is ramping up its use of …

View Post

TYT Investigates Series: Tax Cuts & Job Creation – UPS & FedEx

In TYT Investigates, Uncategorized by TYT Investigates0 Comments

Above: Top: Photo by Chris Hondros/Getty Images; Bottom: Photo by Scott Olson/Getty Images FedEx, UPS Push for Tax Cuts As Documents Show Them Sinking Millions Into Automation FedEx and UPS—two of America’s biggest employers—have been publicly pushing tax cuts as job creators even as they plan to spend hundreds of millions of dollars for a coming wave of automation at their …