Breitbart: The American political tradition of issuing public challenges to resolve disputes among public figures got a breath of new life over the weekend when the founder and chief executive of FedEx invited the publisher of the New York Times to debate him over taxes.
FedEx chief Fred Smith, who started the delivery and logistics company based on an idea he developed for an economics class at Yale University, said in a statement Sunday that a New York Times story about FedEx’s tax bill was “distorted and factually incorrect” and “an outrageous distortion of the truth.”
“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,” Smith said.
The New York Times claimed that FedEx and Smith had lobbied extensively in favor of the Trump administration’s tax cuts and that the law had reduced the company’s tax bill by at least $1.6 billion. The story did not provide details of the alleged reduction in Fed Ex’s tax bill but noted that the company paid $1.5 billion in 2017 and $2 billion over the past decade. read more