FedEx CEO Smith says U.S. needs to end dependence on foreign oil (Memphis Commercial Appeal)

WASHINGTON — FedEx CEO Frederick W. Smith made his case for a tax on carbon, a reduction in the payroll tax and expensing of capital equipment during a panel discussion with other CEOs at the Council on Competitiveness National Energy Summit here this morning. Saying ending the country’s dependence on foreign oil is more “enlightened self-interest” than a crusade, Smith noted that the …

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