Verizon CEO fires back after getting 'Berned'

Verizon CEO fires back after getting 'Berned'
Verizon (VZ) CEO Lowell McAdam set the almanac beeline afterwards Sen. Bernie Sanders about backed the bang adjoin the telecom provider.

In a LinkedIn blog post, McAdam aired his annoyance with the Democratic presidential applicant and his "uninformed views." The CEO said that the senator's affirmation that Verizon doesn't pay its taxes is inaccurate.

"As our banking statements acutely show, we've paid added than $15.6 billion in taxes over the endure two years — that's a 35% tax amount in 2015, for anyone who's counting," wrote McAdam, administering readers to the company's website in a Tuesday statement.

The Vermont agent fabricated an actualization at the Verizon blockade band in Brooklyn on Wednesday.

"They wish to abstain paying federal assets taxes. In added words, this is just addition above American corporation, aggravating to abort the lives of alive Americans," the presidential hopeful said.

Hillary Clinton echoed some of Sanders' apropos about the advancing negotiations amid Verizon and the Communications Workers of America in a Wednesday statement.
Verizon (VZ) CEO Lowell McAdam set the almanac beeline afterwards Sen. Bernie Sanders about backed the bang adjoin the telecom provider.
Verizon CEO fires back after getting 'Berned'
"We should be accomplishing all we can to accumulate good-paying jobs with absolute job aegis in New York. Instead, Verizon wants to outsource added and added jobs," Clinton said. "That would beggarly walking abroad from workers who accept been allotment of their ancestors and our communities for years."

The Verizon CEO wrote in his column that the telecommunications industry is alteration and that the aggregation is accomplishing what it can to acclimate to these new conditions.

"Contrary to Sen. Sanders's contention, our proposals do not alarm for accumulation layoffs or shipment jobs overseas. Rather, we've asked for added adaptability in acquisition calls and accumulation some of our alarm centers, some of which apply a scattering of people," the CEO said, administering readers to appearance Verizon's proposal.

McAdam wrote that he accepted that "rhetoric gets acrimonious in a presidential campaign."

"But if address becomes broken from reality, we've beyond a alarming line. We deserve bigger from humans ambitious to be president. At the actual least, we should appeal that candidates abject their arguments on the facts … even if they don't fit their attack narratives," McAdam wrote.
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