FedEx CEO Fred Smith attacked the New York Times for its story about his company's taxes, and he challenged the newspaper's publisher.
MEMPHIS, Tenn. - FedEx CEO Fred Smith attacked the New York Times for its story about his company's taxes, and he challenged the newspaper's publisher.
The story said the tax cut did not result in increased investment by either FedEx or businesses overall, as Smith and other advocates of the tax bill vowed would happen if it passed.
Its most recent fiscal year reported income taxes of $115 million.
"I hereby challenge A.G. Sulzberger, publisher of the New York Times and the business section editor to a public debate in Washington, DC, with me and the FedEx corporate vice president of tax," he wrote.