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re: Don't look now, MAGA has Amazon, Bezos in his cross hairs.

Posted on 3/28/18 at 9:49 am to
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28324 posts
Posted on 3/28/18 at 9:49 am to
quote:

because he’s worried about mom-and-pop retailers being put out of business






Translation: Amazon give me money
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 3/28/18 at 9:49 am to
By the FTCs definition of a monopoly, Amazon doesn’t even come close to the required thresholds of market share.

Also the current US Trust laws are very much in Amazon’s favor since It will be almost impossible to prove they are harming consumers.

What Amazon is doing right now is not any different from what Walmart did during its growth stage.

This is just another attack by the President on the free markets that are the bedrock of the American economy.
This post was edited on 3/28/18 at 9:53 am
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
39906 posts
Posted on 3/28/18 at 9:50 am to
Bust the Trusts
Posted by Boat Motor Bandit
Member since Jun 2016
1891 posts
Posted on 3/28/18 at 9:53 am to
I agree that Amazon skirts tax rules and should be held accountable. Lets figure out a "tax" and apply it to all internet sales....oh wait
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 3/28/18 at 9:55 am to
It’s almost as if corporate tax is a just since every company optimizes its business structures for tasks anyway. Then the remaining costs get passed on to people anyway.

Yet some people on here would probably support Trump “going after” Amazon.
Posted by Tiger in NY
Neptune Beach, FL
Member since Sep 2003
31586 posts
Posted on 3/28/18 at 9:55 am to
quote:

Amazon has actually been really good for a lot of small businesses. Their secondary seller platform allows thousands of smaller companies to have a easy to use platform that connects them to 10s of millions of Americans


This. They can sell all their shite through Amazon. It is a small business internet retail in a box. The local Dog Grooming shop that carries specialized items can't set up their own online storefront with nearly that kind of reach.
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 3/28/18 at 9:56 am to
Amazon did nothing illegal. If the President has a problem with the U.S. Tax code he needs to get the congress to fix it legislatively.

This all boils down to the fact that Bezos owns the Washington Post and Trump cannot stand that.
This post was edited on 3/28/18 at 9:59 am
Posted by notsince98
KC, MO
Member since Oct 2012
22059 posts
Posted on 3/28/18 at 10:13 am to
quote:

Nothing like the Government interfering in the free market.


This is a valid point if free market existed in this country. I'd suggest you do some research on crony capitalism and regulations in this country.

Cliff notes: Large corporations use their clout to lobby and get vast amounts of regulations passed that make it difficult for smaller companies to compete.
Posted by TigerB8
End Communism
Member since Oct 2003
11079 posts
Posted on 3/28/18 at 10:17 am to
Full page ad in New York Post....

Twitter Link

Basically saying "hey mr president..Bezos Runs amazon and wapo, and your defense department is getting ready to hand them an uncontested IT contract for 100Billion...so you might want to rethink giving your enemy all that money.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 3/28/18 at 10:21 am to
quote:

Trump's wealthy friends tell him Amazon is destroying their businesses. His real estate buddies tell him — and he agrees — that Amazon is killing shopping malls and brick-and-mortar retailers.

seems cronyish. swampish even.
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 3/28/18 at 10:22 am to
Ahhh so obviously the answer to crony capitalism is more crony capitalism. Brilliant!
Posted by skinny domino
sebr
Member since Feb 2007
14523 posts
Posted on 3/28/18 at 10:24 am to
quote:

I thought Trump was supposed to be some great business man.
only when he looks in a full length mirror - gets his little cheetoo erect.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78327 posts
Posted on 3/28/18 at 10:24 am to
I know so many hardcore MAGA people and they’re devout Amazon Prime members. Its goods and services transcend political parties.
Posted by roadGator
DeBoar’s dome
Member since Feb 2009
157723 posts
Posted on 3/28/18 at 10:25 am to
You seem fascinated by penis. Is this new or a long-standing interest?
Posted by 56lsu
jackson mich
Member since Dec 2005
8049 posts
Posted on 3/28/18 at 10:25 am to
you will believe anything you read. Bezos should buy trumps debt and evict him.
Posted by HeyHeyHogsAllTheWay
Member since Feb 2017
12458 posts
Posted on 3/28/18 at 10:26 am to
quote:

Trump better not frick with my Amazon



Amazon made $5.4B in profit last year and paid ZERO in federal income tax.I'm not anti Amazon, but god damned that aint right. What good is a tax system if the highest earners can just find loopholes so that they end up paying nothing?

However, it is also true that Trump himself (and plenty of prominent Democrats by the way) used the exact same tax loophole to carry over losses from previous years to offset their taxes. I see the value of the deduction, but it should only be valid for so many years.



Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
126745 posts
Posted on 3/28/18 at 10:26 am to
quote:

Trump has talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out of business


Moaaaaaaaaaar big gov't
Posted by IrishTiger89
Member since May 2017
1492 posts
Posted on 3/28/18 at 10:27 am to
Trump fears the things he cannot control. Thus the reasons for his attacks on the free markets and press throughout his presidency.
Posted by AbuTheMonkey
Chicago, IL
Member since May 2014
8641 posts
Posted on 3/28/18 at 10:28 am to
quote:

I think this is a tricky decision. I mean is Amazon considered a monopoly, if not how much further along do they have to go to get that status? It was easy to bring the hammer down on Standard Oil. They did just fine after that.


No, not even close. How would you even define their market?

Facebook and Google are arguably a duopoly in online digital advertising, but Amazon is an entirely different beast.
Posted by Spock's Eyebrow
Member since May 2012
12300 posts
Posted on 3/28/18 at 10:30 am to
quote:

This all boils down to the fact that Bezos owns the Washington Post and Trump cannot stand that.


That and the post office canard, which I expect he learned where he gets a lot of his misinformation, Fox and Friends.
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