President Trump hits out at online retailer Amazon again over tax payments

President Trump hits out at online retailer Amazon again over tax payments

President Donald Trump took another shot at Amazon.com Thursday, tweeting that the online retailer pays "little or no taxes" and that it uses the U.S. Postal Service as "their Delivery Boy". Amazon briefly fell 4.6 percent in the first half hour of trading before rallying to snap a two-day skid.

Trump's attacks on Amazon reflect a broader debate about its effect on the US economy. He has repeatedly tweeted how much he dislikes the company.

Amazon did not immediately respond to PCMag's request for comment.

White House spokesman Raj Shah said in a TV interview today that Trump's tweets are not about Bezos, but that mom-and-pop shops and brick-and-mortar stores are having trouble competing with fast-growing Amazon. Amazon does not hold a stake in the Washington Post. USPS declined to comment on Trump's tweet. Amazon customers do pay sales tax on their purchases and the company has lobbied for an internet sales tax in the past.

But Amazon has been adding to its national network of distribution centers, and previous year it announced it would start charging sales tax in every state, whether it has a physical presence there or not. Amazon's choice of location for the new campus, winnowed to 20 candidates in January, has sparked fierce competition between state and local governments offering extensive tax breaks.

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Though according to the ITEP, localities and states may have an easier time collecting those taxes after next month, when the Supreme Court is expected to revisit a precedent set by the 1992 Quill vs. Wayfair ruling. "The president has expressed his concerns with Amazon". Third-party vendors had sales of $32 billion on Amazon in 2017, although some of those sales were outside of North America.

Since the report was published, White House Press Secretary Sarah Huckabee Sanders has said the Trump administration isn't considering any policy changes directed at Amazon. "We think, for the most part, that it would be hard for the current administration to materially change the landscape for Amazon". Amazon pays the same rate as other bulk shippers, CNN reported. Last year, he wrote on Twitter that the United States Postal Service's deals with Amazon made "the Post Office dumber and poorer", and that the company should be charged more.

In some major USA cities, including San Francisco, Philadelphia and New York, Amazon's has prompted the postal service to operate seven days a week because of deliveries, helping generate revenue for the postal service.

The Postal Service is losing money.

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