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Trump Attacks Amazon, Saying It Does Not Pay Enough Taxes Trump Attacks Amazon, Saying It Does Not Pay Enough Taxes
(35 minutes later)
WASHINGTON — President Trump spoke out against Amazon on Thursday, saying that the online behemoth does not pay enough taxes and uses the United States postal system “as their Delivery Boy.”WASHINGTON — President Trump spoke out against Amazon on Thursday, saying that the online behemoth does not pay enough taxes and uses the United States postal system “as their Delivery Boy.”
The president’s commentary, made in a Twitter post, comes amid reports that Mr. Trump has expressed an interest in reining in the e-commerce business.The president’s commentary, made in a Twitter post, comes amid reports that Mr. Trump has expressed an interest in reining in the e-commerce business.
Amazon and the company’s founder, Jeff Bezos, are among Mr. Trump’s regular Twitter targets. In December, Mr. Trump questioned whether the United States Post Office charges Amazon enough for package deliveries. And in August, Mr. Trump said Amazon hurts taxpaying businesses.Amazon and the company’s founder, Jeff Bezos, are among Mr. Trump’s regular Twitter targets. In December, Mr. Trump questioned whether the United States Post Office charges Amazon enough for package deliveries. And in August, Mr. Trump said Amazon hurts taxpaying businesses.
Amazon, however, does pay taxes — $412 million in 2016, for instance, according to the company’s report to the Securities and Exchange Commission.Amazon, however, does pay taxes — $412 million in 2016, for instance, according to the company’s report to the Securities and Exchange Commission.
The media company Axios reported on Wednesday that Mr. Trump has wondered aloud whether Amazon could be vulnerable to antitrust or competition laws. Amazon shares fell almost 5 percent following that Axios article, Reuters reported. The media company Axios reported on Wednesday that Mr. Trump has wondered aloud whether Amazon could be vulnerable to antitrust or competition laws. Amazon shares fell almost 5 percent following that Axios article, Reuters reported. In early trading Thursday, they fell another 3 percent.
Raj Shah, a deputy White House press secretary, said that Mr. Trump “has talked about the need to have tax parity between online retailers and brick and mortar retailers.”Raj Shah, a deputy White House press secretary, said that Mr. Trump “has talked about the need to have tax parity between online retailers and brick and mortar retailers.”
Mr. Shah, speaking Thursday morning on the program, “Fox & Friends,” said this was something Congress could help facilitate and that the president would support.Mr. Shah, speaking Thursday morning on the program, “Fox & Friends,” said this was something Congress could help facilitate and that the president would support.