FedEx's CEO on McCain, free trade and the tax bias against capital-intensive industries.

&#62;We absolutely have to cut the corporate tax. Our current tax rate is about 38%. Even Germany has a 25% rate.<p>This is so disingenuous; Germany also has a 19% VAT, and also has stronger regulations on industry.<p>&#62;If we had a lower corporate tax rate with the ability to expense capital expenditures, guess what? We'd buy more triple sevens.<p>He wants to be able to write off the purchase of planes as expenses? What? They already get to write off depreciation on planes, but you can't write off the whole plane because you can sell the damn thing after you buy it.

That's pretty much the case against Barack Obama: Trade (BIG BIG BIG win for McCain), Taxes (small win for McCain), Subsidies (big win for McCain), Healthcare (big win for McCain: got to address cost, not access), and Energy (slight win for McCain).<p>Barack on the other hand is better on avoiding World War III, Big Brother, and Theocracy.<p>It's a depressing choice.

I apologize for the political content, but the article actually contains very little commentary on the election.

I will never use FedEx again.

I did consulting work for FedEx.<p>Instead of asking America to bail him out like we've bailed out banks, Fred might want to look at his company. I've never actually encountered a more inbred group of incompetents. They, like Microsoft, happened to become lottery winners....and like Microsoft, they will watch themselves slowly lose to more agile organizations. He (and McCain) are completely backwards looking.