Trump loads another tweet into the chamber — and fires on Amazon again - News Summed Up

Trump loads another tweet into the chamber — and fires on Amazon again


As with many Trump claims, saying the company doesn't pay taxes despite making billions in profits is a misleading conclusion based on a shred of truth. The same document notes that the company set aside $211 million to pay state taxes on its own revenues last year. Trump also says Amazon is killing small local retailers, but De Silva says retail's woes can't be blamed on one company. In his tweet, Trump also took aim at the company's use of the postal service is "causing tremendous loss," but that too is misleading. Postal Service credits "e-commerce growth" with its package delivery service bringing in $19.5 billion in revenue last year, far more than expected.


Source: CBC News March 29, 2018 15:18 UTC



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