18.04.02 Potus Amazon Tweets

April 3, 2018
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Hitting Close To Home

President Trump takes on Amazon.

More than 6 out of 10 American households have an Amazon “Prime” Membership.

But is this part of a bigger deal that no one is watching?

Flip: What's Going On?

“Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country…not a level playing field!”

President Trump via Twitter, April 2, 2018

Post Office Problem$

  • U.S. Postal Service (USPS) is bleeding money (lost $2.7B last yr, $63B since 2007), mostly due to pension & health care costs.
  • Pkg delivery a source of revenue, but not enough to cover losses.
  • USPS has “deal” with Amazon but we don’t know the specifics (USPS is independently operated and makes deals with retailers outside of gov’t oversight).
“I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!”

President Trump via Twitter, March 29, 2018

Fact Check:
Is Amazon A Tax Cheat?

  • One of largest U.S. companies, but pays nearly $0 in fed’l taxes (by using tax breaks & credits)
  • Amazon paid $957M in income taxes in 2017.
  • Amazon *used* to not collect sales tax (arguably hurting state/local govt), but has since ’17.
  • Amazon uses USPS to deliver pkgs because it’s cheaper. Period.

Fox Business Anchor & Harvard Business School Grad, Melissa Francis, says the tweets on Amazon are all part of the President's plan to negotiate Amazon DOWN on a completely separate government contract. She says this is a pattern…

by Jenna Lee,