Economics
Trump’s Bruising Tweet Highlights Amazon's Lingering Tax Fight
- Online retailer doesn’t collect sales tax from merchants
- Supreme Court may revisit 1992 ruling establishing precedent
Amazon is causing 'great damage to tax paying retailers,' President Donald Trump said in a Twitter post Wednesday, causing shares in the online retailer to fall. Bloomberg's Cory Johnson has more on 'Bloomberg Markets.' (Source: Bloomberg)
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President Donald Trump waded into a longstanding scrap between online retailers and their brick-and-mortar rivals with a Twitter posting Wednesday about Amazon.com Inc. and taxes.