Amazon loses nearly $40 billion in value on report Trump wants to 'go after' company's tax treatment

[HAB911]

President Donald Trump is not a fan of Amazon.

Axios is reporting that Trump wants to "go after" the e-commerce giant, citing five sources who have talked about Amazon with him.

"He's obsessed with Amazon," one source told the media outlet. "Obsessed."

Trump has discussed altering the company's tax treatment because several of his friends told him Amazon is hurting their businesses and "killing shopping malls and brick-and-mortar retailers," according to Axios.

https://www.cnbc.com/2018/03/28/president-trump-reportedly-hates-amazon.html

[CatMor]

1. trump is out of control......

The reason he is obsessed with Amazon is because Bezos is a real billionaire and trump isn't.

[maryellen99]

2. And also that Bezos owns WaPo who have been reporting trumps illegal activities nt

[CatMor]

6. That's right, I forgot about that.

[TheDebbieDee]

13. THIS!!!

The Washington Post has been reaming theTrump Admin since Day 1...

[meadowlark5]

14. Bannon does whole event speeches slamming Bezos

And I would hazard a guess, Bannon still talks to Trump. Or through toadys in the White House.

[HAB911]

4. mean like a cornered rat

[CatMor]

7. He sure is....

I don't think there's a kind bone in his body.

[TheBlackAdder]

3. Damn, Spanky (I mean Sparky)! Now that your taxes are heading to the toaster, you want others to fry

.

This fucking guy is all about keeping his tax returns private, yet he wants Amazon to be exposed.

.

[Blue_Adept]

5. Well, this will make the anti-Amazon contingent around these parts happy

Before you know it, all those local shops will be back!

[HAB911]

8. Love/Hate relationship with Amazon

can't live with them, can't live without them, lol

[Blue_Adept]

9. Heh, a good many here continue to treat it the same as Facebook in that they can live without 'em

and often never even used them. And since they can, everyone else should be able to as well!

[scarletlib]

10. Well this would be another violation of the law.

A President cannot legally use the IRS to go after someone he doesn't like. Nixon tried it and it didn't work out for him either.

[HAB911]

11. let's hope someone is keeping score

[rzemanfl]

12. Manipulating the stock market for his pals. n/t

[C_U_L8R]

15. This.

This stinks. Something is rotten.

[Demsrule86]

16. That is outrageous that a president would go after private citizen or a company...Trump is the worst

The GOP show how little they value our Republic and the rule of law everyday that let that Russian traitor spy remain in office.

[RandomAccess]

17. Does Bezos have any grounds to sue his ass??

I'm hoping so. It's preposterous for him to be able to shoot off his mouth and affect stocks that much.

[blueinredohio]

18. Not he's obsessed with Amazon, he's jealous because Bezos has money and he doesnt

[Hong Kong Cavalier]

19. I seem to recall Tangeranus stating...

...rather smugly, I might add, that when he didn't pay taxes it was because he was 'smart'.

Go figure.