Read more about Trump targets Amazon over taxes on Business Standard. United States President Donald Trump has taken aim at the online retailing giant Amazon over taxes, saying the company pays “little or no taxes to state & local governments”.”I have stated my concerns with Amazon long before the Election. Unlike
has taken aim at the over taxes, saying the company pays “little or no taxes to state & local governments”.
“I have stated my concerns with long before the Election. Unlike others, they pay little or no taxes to state & local governments,” Trump wrote on Twitter, “use our as their Delivery Boy (causing tremendous loss to the U. S.) and are putting many thousands of retailers out of business!”
The comment came one day after the company reported that he wants to “go after” the giant and alter its tax treatment.
With this, the shares fell about 4.4 percent on Wednesday.
However, does pay taxes – 412 million USD in 2016, for instance, according to the company’s report to the Securities and Exchange Commission, reported
Trump has repeatedly expressed his disliking for the
According to the report, the US has targeted on over a dozen times since late 2015, months after he had launched his presidential campaign.
Last year in August, Trump took to express how the company is hurting the and is responsible for the losses of jobs in the US.
” is doing great damage to tax-paying retailers. Towns, cities, and states throughout the U. S. are being hurt – many jobs being lost!,” Trump had tweeted at that time.
According to several reports, Trump’s much aversion to the comes from the fact that its also owns the Washington Post, whose coverage the has lashed out frequently.
