1. In both cases (of FedEx and the NYT), they all cut capital investments after the enactment of the 2017 tax reform. Contrary to the claims made by proponents of the 2017 tax reform that the reform will increase capital investments, it has not, and these two are examples.
2. It would be very, very nice if more corporations offer to have public debates with others about their taxes. Kudos to Mr. Smith for setting up that example. It may invite even more journalists/bloggers and academics to analyze and write even more about FedEx's taxes, and that would be a very good thing -- to get to all facets of the truth, to raise public awareness, to inform public policies in the future, etc. I wish more corporations would follow FedEx's lead to offer public debates on their taxes.