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 ...
But knowing Trump as we do, he's got something up his sleeve.
Ping
If there is one thing Trump does know its taxes and Bezos is notorious for hating taxes.
He’s right.Amazon makes more money selling it’s cloud servers than selling products. Very slim profit margins
Bezos started Amazon and bought the Compost
Grabbing the popcorn, pepsi and watching this new topic....
It’s posted a profit for the entire year?
That said, Trump pulls a trick like this at least once a week and never get pinned.
Saw these tweets, earlier....and thought the same thing :)
According to Bloomberg, its year-to-date profit is $0.24 per share.
Amazon uses a 12/31 year-end.
If I remember correctly, Amazon made its first ever profit about 4 years ago.
Trump is onto something here.
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.
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!!
“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.
I boycott Amazon 100%
not one more item , ever
Pepsi tastes like flat Coke.
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?
I’m sure he does on his personal taxes, but Trump was talking about Amazon’s taxes.
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