Trumpling Amazon 0
At El Reg, Kieran McCarthy deconstructs Donald Trump’s tirades against Amazon. A snippet:
Not that Amazon pays a large sum as a percentage of profits. According to an extensive market analysis of the company last year, Amazon pays an overall 13 per cent in federal, state and local taxes. This is much lower than the average large company – which pays around 27 per cent – so you can imagine why Trump is furious.
If, that is, you ignore his persistent calls for a 15 per cent corporate tax rate.
Full disclosure: I am not a fan of Amazon and its attempt to assimilate American retail. I avoid using it as much as possible, but I do use it from time to time, primarily for books.