US President Donald Trump is not attacking the business sector with his Current critiques of Amazon.com but Desires the online Merchant to do more when it comes to Taxation, his economic Advisor said on Wednesday.
“His view on Amazon is we have got to have a level playing field with regards to taxes,” Kudlow told reporters in the White House. “They have improved their tax collections, but more could be done.”
Trump, a Republican, has been harshly critical of the company in recent days, making unsubstantiated asserts that the US Postal Service is losing money sending Amazon’s packages and accusing the retailer of not paying enough taxes.
Shares of Amazon have shrunk, and on Wednesday were down 0.3 percent in mid-day trade on the Nasdaq amid a wider losses on Wall Street over the hottest US-China trade spat that has attracted in the technology sector.
Seattle-based Amazon voluntarily collects state sales tax on things it sells direct to customers in all 45 states that impose one, but isn’t required to collect taxes on third-party vendors using its Marketplace service.
Asked about that, and also the majority shipping speed that Amazon and other companies pay, Kudlow said: “There is a lot of glitches because” but gave no other information.
Agents for the retailer could not be immediately reached for comment.