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HAB911

(8,890 posts)
Wed Mar 28, 2018, 10:04 AM Mar 2018

Amazon loses nearly $40 billion in value on report Trump wants to 'go after' company's tax treatment

President Donald Trump is not a fan of Amazon.

Axios is reporting that Trump wants to "go after" the e-commerce giant, citing five sources who have talked about Amazon with him.

"He's obsessed with Amazon," one source told the media outlet. "Obsessed."

Trump has discussed altering the company's tax treatment because several of his friends told him Amazon is hurting their businesses and "killing shopping malls and brick-and-mortar retailers," according to Axios.

https://www.cnbc.com/2018/03/28/president-trump-reportedly-hates-amazon.html

19 replies = new reply since forum marked as read
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Amazon loses nearly $40 billion in value on report Trump wants to 'go after' company's tax treatment (Original Post) HAB911 Mar 2018 OP
trump is out of control...... CatMor Mar 2018 #1
And also that Bezos owns WaPo who have been reporting trumps illegal activities nt maryellen99 Mar 2018 #2
That's right, I forgot about that. CatMor Mar 2018 #6
THIS!!! TheDebbieDee Mar 2018 #13
Bannon does whole event speeches slamming Bezos meadowlark5 Mar 2018 #14
mean like a cornered rat HAB911 Mar 2018 #4
He sure is.... CatMor Mar 2018 #7
Damn, Spanky (I mean Sparky)! Now that your taxes are heading to the toaster, you want others to fry TheBlackAdder Mar 2018 #3
Well, this will make the anti-Amazon contingent around these parts happy Blue_Adept Mar 2018 #5
Love/Hate relationship with Amazon HAB911 Mar 2018 #8
Heh, a good many here continue to treat it the same as Facebook in that they can live without 'em Blue_Adept Mar 2018 #9
Well this would be another violation of the law. scarletlib Mar 2018 #10
let's hope someone is keeping score HAB911 Mar 2018 #11
Manipulating the stock market for his pals. n/t rzemanfl Mar 2018 #12
This. C_U_L8R Mar 2018 #15
That is outrageous that a president would go after private citizen or a company...Trump is the worst Demsrule86 Mar 2018 #16
Does Bezos have any grounds to sue his ass?? RandomAccess Mar 2018 #17
Not he's obsessed with Amazon, he's jealous because Bezos has money and he doesnt blueinredohio Mar 2018 #18
I seem to recall Tangeranus stating... Hong Kong Cavalier Mar 2018 #19

CatMor

(6,212 posts)
1. trump is out of control......
Wed Mar 28, 2018, 10:14 AM
Mar 2018

The reason he is obsessed with Amazon is because Bezos is a real billionaire and trump isn't.

meadowlark5

(2,795 posts)
14. Bannon does whole event speeches slamming Bezos
Wed Mar 28, 2018, 10:53 AM
Mar 2018

And I would hazard a guess, Bannon still talks to Trump. Or through toadys in the White House.

TheBlackAdder

(28,186 posts)
3. Damn, Spanky (I mean Sparky)! Now that your taxes are heading to the toaster, you want others to fry
Wed Mar 28, 2018, 10:16 AM
Mar 2018

.

This fucking guy is all about keeping his tax returns private, yet he wants Amazon to be exposed.

.

Blue_Adept

(6,399 posts)
5. Well, this will make the anti-Amazon contingent around these parts happy
Wed Mar 28, 2018, 10:16 AM
Mar 2018

Before you know it, all those local shops will be back!

Blue_Adept

(6,399 posts)
9. Heh, a good many here continue to treat it the same as Facebook in that they can live without 'em
Wed Mar 28, 2018, 10:26 AM
Mar 2018

and often never even used them. And since they can, everyone else should be able to as well!

scarletlib

(3,411 posts)
10. Well this would be another violation of the law.
Wed Mar 28, 2018, 10:27 AM
Mar 2018

A President cannot legally use the IRS to go after someone he doesn't like. Nixon tried it and it didn't work out for him either.

Demsrule86

(68,555 posts)
16. That is outrageous that a president would go after private citizen or a company...Trump is the worst
Wed Mar 28, 2018, 11:14 AM
Mar 2018

The GOP show how little they value our Republic and the rule of law everyday that let that Russian traitor spy remain in office.

 

RandomAccess

(5,210 posts)
17. Does Bezos have any grounds to sue his ass??
Wed Mar 28, 2018, 12:55 PM
Mar 2018

I'm hoping so. It's preposterous for him to be able to shoot off his mouth and affect stocks that much.

Hong Kong Cavalier

(4,572 posts)
19. I seem to recall Tangeranus stating...
Wed Mar 28, 2018, 01:13 PM
Mar 2018

...rather smugly, I might add, that when he didn't pay taxes it was because he was 'smart'.

Go figure.

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