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© Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Trump goes after a favorite target, Amazon
By JOSEPH PISANI NEW YORK©2024 GPlusMedia Inc.
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theFu
Kettle, meet pot.
The USPS can set prices for Amazon as they need.
Amazon hardly seems to use the USPS much. Most of my orders this year were delivered by AMZ shipping in plain white vans, not USPS, UPS, FedEx.
I don't fault any company for following the legal rules to reduce their taxes. As an American, I try to pay my legally required taxes, but not 1 penny more. I expect everyone else to do the same. If you WANT to pay more in taxes, you can. The US Treasury does accept gifts. Feel free https://www.fiscal.treasury.gov/fsfaq/faq_gifts_to_govt.htm and thank you.
ThePBot
Well, he should know!
viking68
Amazon complied with tax laws written by politicians.
Indeed, they are moving warehouses closer to customers and are paying state sales tax, customers were obligated to pay a use tax if sales tax was not charged.
The fact is: Amazon has a better business model than brick and mortar stores. The U.S. post office has actually been saved by Amazon's shipping.
Shipping is now a competitive business, so if the USPS decides to raise shipping prices, then FedEx will eat them alive.
What other policy would help? The preserve a dying business with tax money policy.
Ah_so
Of course Amazon pays as little tax as possible. It is what companies do.
In order to achieve this it exploits the way international tax law was established to prevent punitive double taxation on companies that trade internationally.
Companies like Amazon threaten this arrangement and may mean that tax law will be changed to ensure that Amazon pay a share comparable to other companies.
Netgrump
That sounds good for an individual but it's known that the big Tech firms [and other MNC's] keep trillions offshore and pay little tax in the countries where they are active.
When it comes to paying tax it should be 'level playing field' for all players on those domestic markets.
mmwkdw
Perhaps Trump could focus upon the treatment of Amazon's workers, and also look at a Robot tax for every worker being replaced (or potentially replaced)... ?
Anyway, out of the swamp and into the Jungle...