The Billionaire Behind Efforts to Kill the U.S. Postal Service [pdf]

Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by missedthecue on Tuesday July 21, 2020 @08:44PM (#23912660)

How much tax does the USPS pay? None. No income tax, no property tax, they don't even pay parking tickets. But for some reason, they've been losing money for decades. (yes, even before the whole pension debacle)

UPS on the other hand pays income tax, pays property tax, pays higher wages, fully funds their pension plan, and does not have access to the same zero or low interest treasury loans that the USPS does and still makes a profit AND delivers more parcels every year than the USPS.

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Re:The Billionaire Behind Efforts to Kill the U.S. Postal Se... by kelnos on Tuesday July 21, 2020 @09:17PM (#23912933)

> But for some reason, they've been losing money for decades. (yes, even before the whole pension debacle)

Citation needed? A quick search suggests that post-pension-debacle, the USPS has lost money every year, to the tune of several billion dollars. Pre-pension-debacle, things were mixed; most years they made a decent profit, some years they lost some money, though much less than they do post-pension-debacle.

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