Tax reform

Discussion in 'YRC Freight' started by flat top, Dec 22, 2017.

  1. flat top

    flat top Active Member

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    Don't want to be a Scrooge, but this nonsense speculation of what yrc is going to do with tax savings from the reduction in corporate tax rate, is insane. Yrc had 24 million of net income last year. They paid 3 million in tax. This corporate tax reduction is going to be totally insignificant to yrcw's bottom line. Yrc basically exists to pay wages to employees and executives.
     
  2. Vwaggs

    Vwaggs Active Member

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    Don't believe it. It was no mistake they overpaid billions in the mergers, taking on the debt. The money lenders cashed out all the equity in the companies, then put the old cash cow on life support so it exists to pay them interest and contract modification bonuses.
     
  3. Try'n Hard

    Try'n Hard SITUATION CRITICAL..... but not serious

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    That should be enough for a couple of new trucks equipped with cameras. Maybe even the deluxe models with extra buzzers! :lmao:
     
  4. Keepingon

    Keepingon Well-Known Member

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    Or a lot of white paint for the old trucks
     

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