Trump escalates attack on Amazon, focusing on tax, shipping

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Go back to Trump escalates attack on Amazon, focusing on tax, shipping

Trump Attacks on Amazon (AMZN) Not 'Well-Informed or Detrimental' - Stifel

March 29, 2018 9:14 AM EDT

Stifel analyst Scott Devitt defended Amazon.com (NASDAQ: AMZN) related to President Trump's attacks this morning on taxes, and the Post Office.

Devitt said Trump is wrong on taxes as Amazon collects sales tax on its owned inventory in all 45 states that have a state sales tax and Washington, D.C. "We believe POTUS is referring to third-party (3P) merchants that... More