US President Donald Trump is not attacking the Company sector with his recent critiques of Amazon.com but wants the Internet retailer to do more when it comes to taxes, 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 at the White House. “They have enhanced their tax ranges, but more can be done.”
Stocks of Amazon have shrunk, also on Wednesday were down 0.3 percentage in mid-day trade on the Nasdaq amid a broader losses on Wall Street over the hottest US-China trade spat that has attracted in the technology industry.
Seattle-based Amazon voluntarily collects state sales tax on items it sells direct to customers in all 45 states that impose you, but is not needed to collect taxes on third party vendors using its Marketplace service.
Asked about that, and the majority shipping speed that Amazon and other businesses pay, Kudlow stated: “There’s a lot of glitches in that” but gave no other details.
Agents for the retailer could not be immediately reached for comment.