The tax rate of 35 percent is impossible to provide an incentive to the large corporations, that have $1.7 trillion offshore, to put their money back in the United States.
Frederick Smith Quotes
The United States tax system today is very prejudiced towards financialization, leverage, and lack of investment.
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| Birth: | 11th August, 1944 |
| Nationality: | American |
| Profession: | Businessman |
About
Frederick Wallace "Fred" Smith was born in Marks, Mississippi, USA. He is an American businessman. He has been the Chief Executive Officer, President, and Executive Chairman of FedEx Corporation, originally known as Federal Express. He received his bachelor's degree in economics in 1966. He was formerly chairman of the Board of Governors for the International Air Transport Association and the U.S. Air Transport Association. He served as chairman of the U.S.-China Business Council and is the current chairman of the French-American Business Council.
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