President Trump attacks Amazon on Twitter, says it doesn't pay 'Internet taxes'

Feb 2007
11,339
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In my mind
#1
Yeah, two points.

Amazon does not own The Washington Post.

There is no fucking such thing as "internet taxes".

Not being one to keep his profound ignorance to himself, once again Trump takes to Twitter to share it with the world, this time, when a newspaper points our fake Time covers adorning Trump golf facilities, Trump makes a claim on Twitter based wholly on stupidity, notably his own.

President Trump attacks Amazon on Twitter, says it doesn't pay 'Internet taxes' | Fox News

In the latest clash between President Donald Trump and Jeff Bezos, Trump accused the Bezos-led Amazon of not paying taxes.

"The #AmazonWashingtonPost, sometimes referred to as the guardian of Amazon not paying Internet taxes (which they should) is FAKE NEWS!," the president penned on Twitter.
The #AmazonWashingtonPost, sometimes referred to as the guardian of Amazon not paying internet taxes (which they should) is FAKE NEWS!
— Donald J. Trump (@realDonaldTrump) June 28, 2017
Amazon technically does not own The Washington Post. Bezos himself purchased the newspaper in 2013 for a reported $250 million.


While it's unclear what "Internet tax" the president is referring to, Amazon does indeed collect sales taxes on items it sells on its platform.


In the first quarter of 2017, Amazon paid $229 million in income taxes on approximately $1 billion in profits. Total revenue for the quarter was $35.71 billion. Amazon paid $475 million in income taxes on operating income of $1.07 billion.


It's unclear what prompted the latest attack by Trump, but it may stem from a recent report by The Washington Post surrounding Trump and fake Time magazine covers hanging in his various properties.
The newspaper found that a number of Time magazine covers in several of his golf clubs were deemed fake, including one from March 1, 2009. On this particular cover, it says “Donald Trump: The ‘Apprentice’ is a television smash!” There is also a second headline, which reads: “TRUMP IS HITTING ON ALL FRONTS . . . EVEN TV!


A Time spokesperson confirmed to The Post the covers are fake and has asked The Trump Organization to remove them.


The shot at the tech giant, which is now valued at $450 billion and has made Bezos one of the wealthiest men in the world, comes after the White House hosted "tech week" to discuss several areas in which the federal government can improve efficiencies and help tech companies with regulations.

As part of the discussions, the White House said it needs to update its technology and shift some of its data to the cloud, which could be a huge boost to Amazon and its valuable Amazon Web Services unit, the backbone of many businesses.


Bezos, along with Apple CEO Tim Cook, Microsoft CEO Satya Nadella and Google Chairman Eric Schmidt were spotted on camera.


This is not the first time Trump has gone after Bezos, Amazon and The Washington Post, a paper he has derided constantly on social media.


In 2016, Trump said that Amazon actually controlled the Washington Post and accused it of having an unlevel playing field and not paying taxes.
 
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Nov 2014
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Canada
#4
Trump complains about Amazon not paying taxes. Is that the same guy who avoided paying hundreds of millions in taxes and said he was "smart" to do so. When it was pointed out he had avoided paying taxes for years, he responded "That makes me smart."
 
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Feb 2007
11,339
9,623
In my mind
#7
Trump complains about Amazon not paying taxes. Is that the same guy who avoided paying hundreds of millions in taxes and said he was "smart" to do so. When it was pointed out he had avoided paying taxes for years, he responded "That makes me smart."
Well, I can tell you, it wasn't very stupid.