FedEx Joins Boeing With CVS In Renewed Tax Rate Cut Pitch
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Top executives from 18 large U.S. companies, including FedEx Corp., CVS Caremark Corp. and Boeing Co., are trying to keep up pressure on Congress to cut corporate tax rates.
The executives are sending a letter to congressional leaders today, urging action on the one-year anniversary of Japan’s rate cut, which left the U.S. and its 35 percent statutory corporate tax rate as the highest in the industrialized world.