Trump's Retail Website Only Pays Sales Taxes In 2 States. Amazon Pays Taxes In 45.
President Donald Trump has railed against Amazon, falsely claiming the company fails to pay state and local sales taxes on online shipments. But it turns out the Trump Organization retail website collects sales taxes only on goods shipped to two states — while Amazon collects sales taxes in 45 states. ( LINK)
The TrumpStore.com website sells Trump-labeled glassware, baseball caps, luggage tags, spa slippers and key chains, among several other items. It collects sales tax only on orders shipped to buyers in Florida and Louisiana, according to the company’s own website, The Wall Street Journal pointed out on Friday.
According to regulatory filings, Amazon paid a combined total of $412 million in federal, state, local and foreign taxes last year. In 2015, it paid $273 million. Amazon currently charges consumers sales taxes in all 45 states where such taxes exist, plus Washington, D.C. All states except Alaska, Delaware, Montana, New Hampshire and Oregon collect sales tax.
TrumpStore.com could soon be forced to catch up to Amazon on state sales taxes, thanks to the president. The Trump administration last month filed a brief with the U.S. Supreme Court urging it to allow states to require that online retailers collect and pay sales taxes even where they have no physical presence.
In other words, all of Trump's ranting against Amazon is fake news...and consists of "alternative facts". (But my guess is that his hard core supporters believe every word he says)
Good seed. Lock him up.
Excellent seed...
For Trump this has nothing to do with Amazon or taxes paid, it's all about getting to Bezos because he is owner of NYT.
Typical of a loser like Trump.
Good point.
I think a lot of people don't know that that's hios real motivation. (Usually he criticizes a particular company once or twice...and then the criticisms disappear. But he's obsessed with Amazon. And its not really because of anything about their business-- rather its because Bezos owns a paper that is critical of him! (BTW, I'm not sure, but it may actually be the Washington Post. But they, like the NY Times, are very critical of Bezos).
You are correct it is the Washington Post.