Washington, D.C., Sept. 27, 2017 (GLOBE NEWSWIRE) -- UPS® (NYSE: UPS), a global logistics provider and leading
advocate for tax reform, commends the Administration and Congressional leaders on the release of a unified framework which details
a plan for tax reform that will stimulate the economy, create jobs and develop a globally competitive tax structure. UPS strongly
supports the tax reform outlined in this proposal.
“Tax reform is one of the single most important things this Congress and Administration can do for American competitiveness,
said UPS chairman and CEO David Abney. “The principles are simple, reduce rates, eliminate loopholes, and simplify the code
and you will create opportunity for growth. The tax system has not been updated in more than 30 years – it’s time to tackle
that challenge.”
UPS hopes that Congress can seize this once-in-a-generation opportunity to reform the U.S. tax code, stimulate economic growth
and make American businesses of all sizes more competitive.
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About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and
freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business.
Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at
ups.com® and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS or follow @UPS_News.
Media Contact: Kara G. Ross, karaross@ups.com, 202-675-1725 Congressional Contact: Annie Policastro, 202-675-3385, apolicastro@ups.com
