WASHINGTON — Senior executives from Macy’s Inc., The Walt Disney Co. and FedEx Corp. raised concerns on Capitol Hill Wednesday about the nation’s high corporate tax rate, saying it puts them at a commercial disadvantage and calling on the government to reduce the rate to enable them to become more competitive and create jobs.
The executives spoke at a panel discussion hosted by Reforming America’s Taxes Equitably, or RATE, a coalition comprised of 26 companies, including the three represented on the panel, as well as such corporations as Nike Inc., CVS Caremark Corp., The Boeing Co., AT&T Inc., Viacom Inc. and the National Retail Federation.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)