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Trump blasts Bezos on Twitter, calls Washington Post a 'scam' (What's he got up his sleeve?)
http://www.cnbc.com/2015/12/07/donald-trump-blasts-jeff-bezos-the-washington-post-and-amazon-on-twit ^ | Sarah Whitten

Posted on 12/07/2015 10:47:01 AM PST by RoosterRedux

Donald Trump turned his Twitter ire toward Jeff Bezos on Monday, accusing the Amazon CEO of using his newspaper as a tax dodge to prop up the retailer.

The Republican presidential candidate tweeted that Bezos's Washington Post was a "scam" used to save "[Bezos'] no-profit company" Amazon.

*snip*

As it happens, Amazon is a profitable company. The online retailer reported third-quarter earnings of 17 cents per share on $25.36 billion in revenue, beating Wall Street estimates that it would post a loss.

But it may not actually matter either way. Bezos owns the Post personally through his own company, Bezos Expeditions, and not through Amazon.

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: elections; trump
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Trump is getting slammed for this because Bezos owns WaPo, not Amazon.

But knowing Trump as we do, he's got something up his sleeve.

1 posted on 12/07/2015 10:47:01 AM PST by RoosterRedux
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To: hoosiermama; onyx; Jane Long; V K Lee; conservativejoy; RitaOK; Black Agnes; nopardons; ...

Ping


2 posted on 12/07/2015 10:47:43 AM PST by RoosterRedux
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To: All

If there is one thing Trump does know its taxes and Bezos is notorious for hating taxes.


3 posted on 12/07/2015 10:49:20 AM PST by RoosterRedux
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To: RoosterRedux

He’s right.Amazon makes more money selling it’s cloud servers than selling products. Very slim profit margins


4 posted on 12/07/2015 10:51:33 AM PST by ground_fog
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To: RoosterRedux

Bezos started Amazon and bought the Compost


5 posted on 12/07/2015 10:52:23 AM PST by ground_fog
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To: RoosterRedux

Grabbing the popcorn, pepsi and watching this new topic....


6 posted on 12/07/2015 10:55:07 AM PST by HarleyLady27 (TRUMP SUPPORTER 100% from day ONE!!!)
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To: RoosterRedux

It’s posted a profit for the entire year?


7 posted on 12/07/2015 10:55:08 AM PST by nikos1121 ("Peace will come when the Arabs will love their children more than they hate us."-- Golda Meir)
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To: ground_fog
On twitter Trump implied that Bezos was using WaPo's losses to offset gains at Amazon. Bezos bought WaPo in his own name, not as part of Amazon.

That said, Trump pulls a trick like this at least once a week and never get pinned.

8 posted on 12/07/2015 10:56:29 AM PST by RoosterRedux
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To: RoosterRedux

Saw these tweets, earlier....and thought the same thing :)


9 posted on 12/07/2015 10:56:30 AM PST by Jane Long (Go Trump, go! Make America Safe Again :)
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To: nikos1121
It’s posted a profit for the entire year?

According to Bloomberg, its year-to-date profit is $0.24 per share.

10 posted on 12/07/2015 11:03:11 AM PST by wideawake
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To: nikos1121

Amazon uses a 12/31 year-end.


11 posted on 12/07/2015 11:04:59 AM PST by RoosterRedux
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Enjoy The Season!


Click The Pic To Donate

And Don't Forget To Support FR

12 posted on 12/07/2015 11:05:37 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: RoosterRedux

If I remember correctly, Amazon made its first ever profit about 4 years ago.
Trump is onto something here.


13 posted on 12/07/2015 11:10:34 AM PST by Zathras
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To: DJ MacWoW

Trump is playing games. He is neutralizing a threat. He basically told Bezos, lighten up on your attacks or if I am elected we will be looking into your taxes.


14 posted on 12/07/2015 11:11:23 AM PST by EQAndyBuzz (Jews for Cruz 2016)
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To: RoosterRedux

H/T to A. Johnson -Very interesting. Chances are there is more up his sleeve than flailing arms. If nothing else, when this country eventually goes down, those who wonder why will know the lessons and where they were learned. DONALD J. TRUMP Keep speaking, Mr T. There are many who wish to know the reasons as to why and how.

GO TRUMP! GO CRUZ! YOU WIN OR WE LOSE!!


15 posted on 12/07/2015 11:17:39 AM PST by V K Lee (u TRUMP TRUMP TRUMP to TRIUMPH Follow the lead MAKE AMERICA GREAT)
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To: EQAndyBuzz

“Trump is playing games. He is neutralizing a threat. He basically told Bezos, lighten up on your attacks or if I am elected we will be looking into your taxes.”

$$$$$$$$$$$$$$$

We have a winner!

Trump is not just playing games - he is playing Grandmaster-level chess, several moves ahead.

Bravo. Excellent analysis, Andy.


16 posted on 12/07/2015 11:20:00 AM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart and lean not on your own understanding")
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To: RoosterRedux

I boycott Amazon 100%

not one more item , ever


17 posted on 12/07/2015 11:20:29 AM PST by LeoWindhorse
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To: HarleyLady27

Pepsi tastes like flat Coke.


18 posted on 12/07/2015 11:22:57 AM PST by Eddie01
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To: RoosterRedux

Yep.

They keep slamming this guy and they always lose.

Maybe it’ll cause a discussion that goes into his ultimate issue......

Does Bezos enjoy tax benefits due to his WP ownership?


19 posted on 12/07/2015 11:30:20 AM PST by SoFloFreeper
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To: SoFloFreeper

I’m sure he does on his personal taxes, but Trump was talking about Amazon’s taxes.


20 posted on 12/07/2015 11:33:26 AM PST by RoosterRedux
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