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UPS Boosts Investments by $12 Billion on Favorable Tax Law Impact
Nasdaq ^ | Feb. 1, 2018 | Nasdaq/GlobeNews Wire

Posted on 02/01/2018 9:52:19 PM PST by confederatecarpetbag

"This $12 billion investment program is an outgrowth of the opportunity for tax savings created by the Tax and Jobs Act," said David Abney, UPS Chairman and Chief Executive Officerbs Act.. "We will increase network investments and accelerate pension funding to strengthen the company for the long term, so that we maximize the benefit to our global customers, employees and shareowners."

UPS also recently made a $5 billion tax-qualified contribution to the company's three UPS-sponsored U.S. pension plans. This represents about $13,000 per participant. The voluntary contribution raised the funding level to above 90-percent, securing retirement benefits on behalf of union-represented and union-free employees eligible for UPS-funded pensions.

(Excerpt) Read more at nasdaq.com ...


TOPICS:
KEYWORDS: economy; jobgrowth; taxcut; taxes; transportation; trumptaxplan; ups
$5 billion more "crumbs" for the deplorables. Someone wake up San Fran Nan with the good news!

Honestly, Trump is like a magician. He waves his wand and says " Be great again," and like magic, great things happen.

1 posted on 02/01/2018 9:52:20 PM PST by confederatecarpetbag
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To: confederatecarpetbag

I love the UPS black wheels with a silver/aluminum trace at the outside of the rim.

Looks great. They do have a subtle style.


2 posted on 02/01/2018 9:58:32 PM PST by Paladin2
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To: confederatecarpetbag

This is clearly Trump’s fault.


3 posted on 02/01/2018 9:58:41 PM PST by rdl6989
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To: confederatecarpetbag

can i git a job @ UPS


4 posted on 02/01/2018 10:29:16 PM PST by ichabod1 (People don't want to believe it be what it is but it do.)
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To: confederatecarpetbag

My friend has been called not to come into work the past 3 days because it is slow. I think email is taking a bite.


5 posted on 02/01/2018 10:57:27 PM PST by dp0622 (The Left should know that if it was A2 credit cost back in Trump is kicked out of office, it is WAR!)
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To: confederatecarpetbag

Yep - so many crumbs we could put them in a giant bag and toss in all the dems, shake well and then fire up the deep fryers - and have plenty of crumbs left over....


6 posted on 02/02/2018 5:06:20 AM PST by trebb (I stopped picking on the mentally ill hypocrites who pose as conservatives...;-})
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