• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipDonald Trump

President Trump Targets Amazon for Hurting ‘Tax Paying Retailers’

By
Katie Reilly
Katie Reilly
Down Arrow Button Icon
By
Katie Reilly
Katie Reilly
Down Arrow Button Icon
August 16, 2017, 9:07 AM ET

President Donald Trump targeted Amazon again on Wednesday morning, accusing the online retailer of hurting “tax paying retailers.”

“Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” Trump tweeted early Wednesday morning.

It’s not clear what prompted Trump’s latest attack on Amazon, which has become one of his consistent targets. Amazon CEO Jeff Bezos has spoken out against some of Trump’s policies, including his immigration ban. Bezos also owns the Washington Post, whose stories have often drawn criticism from Trump. The three top stories on the Post’s homepage Wednesday were, however, a news report on Trump’s repeated allegation that “both sides” were to blame for the violence in Charlottesville at the weekend, along with two critical analytical and opinion pieces.

Trump has previously argued that Amazon doesn’t pay taxes, but that is incorrect. As PolitiFact has noted, Amazon paid $412 million in federal, state, local and foreign taxes last year, according to regulatory filings. And since April, Amazon has charged sales tax in every state where such a tax exists.

Amazon stock fell 1.2% in early trading after Trump’s tweet on Wednesday, Bloomberg reported.

About the Author
By Katie Reilly
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.