March 30, 2018

The Wrap: Trump Blasts Amazon for Tax Breaks, Using USPS as ‘Delivery Boy’

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The Seattle-based company avoided paying federal income taxes for 2017, despite posting more than $5.5 billion in income last year, according to a recent analysis from Matthew Gardner of the Institute on Taxation and Economic Policy. Amazon paid $412 million in taxes in 2016. And while the president isn’t a fan of the Amazon-USPS relationship, the two have linked up for years to deliver packages on Sundays — pulling in more revenue for each in the process.

Trump’s tweet comes a day after Axios reported the president is “obsessed” with Amazon and looking for ways to increase its tax burden. Read more



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