August 16, 2017
President Trump slammed Jeff Bezos’ online giant Amazon on Wednesday for hurting the U.S. workforce and smaller retail companies by avoiding many of taxes those companies pay.
“Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt — many jobs being lost!” Trump tweeted Wednesday morning.
Amazon, which made Bezos the world’s richest man, held job fairs this month at nearly a dozen warehouses across the country and hired 40,000 to 50,000 full-time workers. The company plans to hire a total of 100,000 full-time employees by mid-2018.
While Amazon is thriving, traditional retailers who have historically reached consumers through brick and mortar stores are in a bind trying to compete with online retailers.
This article was posted: Wednesday, August 16, 2017 at 6:32 am