The head of Fedex, Fred Smith, has called for the US to ease the burden of
rising energy costs by introducing a tax credit for fuel costs and cutting other
‘With fuel prices up and the housing meltdown, you see a very tepid growth
rate in the US economy. Congress and the administration ought to put stimulative
things out there,’ Smith said.
Smith was speaking as Fedex reported a 6% drop in net income to $479m for the
quarter ended 31 November 2007, the FT reports.
Committee expresses concern about costs to businesses and April 2018 implementation date
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes
Top Ten firm RSM has appointed Nick Blundell as its head of corporate tax in Birmingham