Trump Targets Amazon Over Sales Tax and Retail Jobs

Trump Targets Amazon Over Sales Tax and Retail Jobs

Date: 23 Aug 2017 | posted in: Media Coverage, Retail | 0 Facebooktwitterredditmail

In the News: Stacy Mitchell

August 23rd, 2017

Media Outlet: The Epoch Times

Stacy Mitchell’s expertise on the growing monopoly power of Amazon in our economy was cited by Emel Akan’s article in The Epoch Times arguing that, while President Trump’s anger at Amazon may be inflammatory, he isn’t all wrong in the ways that the company is disadvantaging small businesses and retail across America.

“If sales tax matters this much at this stage of Amazon’s development … one can only imagine how much this government-granted competitive advantage propelled Amazon’s growth back when it was merely a book retailer,” stated a report by the Institute for Local Self-Reliance, a nonprofit research organization.

As recently as 2011, Amazon was collecting sales tax in only five states, said Davis.

However, starting that year, Amazon made a significant change in its strategy. The company shifted its focus to ambitiously providing rapid delivery to its customers, requiring it to start building facilities across the country. By the end of 2016, Amazon was collecting sales tax in 29 states, and now it is collecting sales tax in every state.

Read the full story here.

Facebooktwitterredditmail
Nick Stumo-Langer
Follow Nick Stumo-Langer:
Nick Stumo-Langer

Nick Stumo-Langer was Communications Manager at ILSR working for all five initiatives. He ran ILSR's Facebook and Twitter profiles and builds relationships with reporters. He is an alumnus of St. Olaf College and animated by the concerns of monopoly power across our economy.