Tag: Amazon

Trump’s bundle of faulty claims about Amazon’s cost to taxpayers

The following article by Salvador Rizzo was posted on the Washington Post website March 30, 2018:

The president regularly goes after the online retail giant, but his claims aren’t always valid. (Meg Kelly/The Washington Post)

“I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!”
— President Trump, in a tweet, March 29, 2018

Trump is no fan of Amazon, and he often broadcasts this on Twitter Continue reading “Trump’s bundle of faulty claims about Amazon’s cost to taxpayers”

Trump hates Amazon. He should love what it does for the economy.

The following article by Emily Stewart was posted on the Vox website January 2, 2018:

Trump wants low interest rates — and Amazon helps with that.

President Donald Trump has a real bone to pick with Amazon, but the e-commerce giant could actually be helping him when it comes to inflation, interest rates, the Federal Reserve, and economic growth.

Trump has persistently railed against Amazon, attacking its tax practices and accusing the corporation of having a “huge antitrust problem.” On Friday, Trump alleged that Amazon takes unfair advantage of the US Postal Service — which it doesn’t. (While USPS could be charging more to deliver packages for Amazon and others, that’s not the root of the agency’s fiscal problems.) Continue reading “Trump hates Amazon. He should love what it does for the economy.”