i sell a lot of books on Amazon, but I hate shopping there. Don't get it! It's about time they face more crackdowns, the largest corporations shouldn't get away with paying no taxes.
RE: Trump Takes on Amazon: Shares of Stock Nose-Diving!
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Trump Takes on Amazon: Shares of Stock Nose-Diving!
Amazon didn't have to collect sales taxes for most of their existence. I believe it was as recently as 2016 when they finally had to start adding sales tax. Until this point, they had a pretty significant advantage over every other selling organization, since this gave their customers a cost reduction to choose their business to buy from. I've been saying this for years. That Amazon got an advantage they should not have gotten.
Now I'm not anti technology or anti change or progress, but massive numbers of jobs are permanently lost with stores shutting their doors and they were single handedly caused by Amazon mowing them down.
Today Amazon is working to put every sector out of business it can. They have a pharmacy business in Japan they are trialing to avoid local backlash. They are going after auto parts business in the US. Believe it or not, I read they are the largest clothing seller now. They just entered the grocery business with their Whole Foods purchase.
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While Amazon not having to pay local sales taxes is an advantage, it's a natural advantage brought by their business model, which is clearly sound.
It also illustrates why sales taxes are bad for business, and shouldn't be suffered anywhere. While Amazon had an advantage over businesses dependent on particular local jurisdictions, I believe you should rather advocate to those jurisdictions that they should abandon their sales taxes because they amount to tariffs against their local businesses.
Regardless, Amazon is clearly not intended to be of benefit to humanity, which is the only reason I reckon corporate charters ought to be granted, and plenty else you state is true as well.
Thanks!
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And they're opening up satelite stores to improve their physical presence and add even more dominance over the market. Well, we can just refuse to buy from them. Refuse drones and automatic cars - that's going to be a big one for us. We cannot let these greedy stateless creeps innovate us right out of our existance.
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The relentless corporate "integration," or the death of small business, is all about funneling every last cent that they squeeze out of us into their greedy hands - Massive centralization. Anyone past the age of 30 should be able to see the contraction of our economy over the last couple of decades. It cannot be sustained.
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