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as we watch a China trade obviously more violence in Hong Kong FedEx is the other big story firing back against the Times piece over the weekend about the companyamp;#39;s tax bill Fred Smith challenging the paperamp;#39;s publisher to a debate after its tax expose about the shipping giant paper says between 2017 and 2018 they managed to cut their tax bill from one and a half billion dollars to zero as itamp;#39;s effective tax rate dropped from 34 to less than zero The Times says this came after FedEx and its CEO lobbied hard for the tax cuts in the statement last night suffice maith called the report distorted and factually incorrect and then challenged the publisher and the business editor of The Times to that public debate The Times has yet to respond to Smithamp;#39;s challenge bigger part of the story David was how the correlation between tax benefits and capex spending really hard to find I agree I mean I think you know again and and thereamp;#39;s a quote from mr. Smith re