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President Trump Attacks Amazon, Incorrectly Claiming That It Owns The Washington Post For Tax Purposes (recode.net)
The Washington Post, which has been critical of Donald Trump and his administration in its coverage, has become the latest victim in Trump's Twitter tirade. On Wednesday, he accused Amazon of not "paying internet taxes (which they should)," adding that the company is using The Washington Post "in a scheme to dodge" the taxes. Quick fact check: Amazon doesn't own The Washington Post, Jeff Bezos -- in his personal capacity -- does. At any rate, Trump's furious tweets come a day after The Washington Post reported that a fake issue of Time magazine with Trump on the cover was hanging in some of the president's golf clubs. The timing of this is also awkward because just last week the president met with Bezos and other top executives to discuss ways the White House can modernize government and aid the tech industry. But the two have a long history. As Recode reminds: Meanwhile, Amazon is about to embark on what could be a lengthy government antitrust review of its bid to buy Whole Foods. Already looming large over the roughly $14 billion deal are the president's own comments: He has previously attacked Bezos and claimed the Post is a tax-dodging scheme for Amazon. "He thinks I'll go after him for antitrust," Trump said at one point during his campaign. "Because he's got a huge antitrust problem, because he's controlling so much, Amazon is controlling so much of what they are doing." Months later, Trump charged: "Believe me, if I become president, oh, do they have problems, they are going to have such problems." Meanwhile, Bezos isn't one to shy about his anti-Trump views either. At one point during the election, Bezos tweeted that he'd save a seat for Trump on his Blue Origin spacecraft, with the hashtag "sendDonaldtospace."
Why the hell does anyone still care?
Don't get me wrong, the president of the US is a pretty important person and whatever he does has some effect on the world. But do we really have to hear every fart he passes? Who gives a shit about this anymore?
Wake me when he DOES something.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
It's only smart if it's Trump avoiding taxes legally. The rules are different for anyone not lobbying him directly.
Donald Turmp hates the Washington Post because it accurately reports on his treasonous crimes.
I'm sorry that the Washington post documented your carelessly executed treason, Moscow Donald.
Before the election
Dec. 10, 2015
Lt. Gen Michael Flynn is part of a panel discussion in Moscow for the 10th anniversary of government-backed Russia Today, for which he receives payment (The Washington Post, Aug. 15, 2016). Officials notice an increase in communication between Flynn and the Russian ambassador to the United States, Sergey Kislyak, following the Russia Today event (CNN, May 19, 2017).
Late 2015
British intelligence agencies detect suspicious interactions between Russia and Trump aides that they pass on to American intelligence agencies (The Guardian, April 13, 2017).
March 19, 2016
Hillary Clinton campaign chairman John Podesta is sent an email that encourages him to change his email password, likely precipitating the hack of his account (CBS News, Oct. 28, 2016).
March 21
During an interview with The Post, Trump lists Carter Page as part of his foreign policy team. Page had been recommended by a son-in-law of President Richard Nixon, New York Republican Party Chairman Ed Cox (WP, March 21, 2016).
March 28
Political veteran Paul Manafort is hired to help the Trump campaign manage the delegate process for the Republican National Convention. He is recommended by Trump confidante Roger Stone (New York Times, March 28, 2016). Before joining the campaign, Manafort lobbied on behalf of Oleg Deripaska, an ally of Russian President Vladimir Putin. That deal followed a memo from Manafort in which he offered a plan that could Ãoegreatly benefit the Putin Government.Ã His relationship with Deripaska ended in 2009 (Associated Press, March 22, 2017). Manafort also worked on behalf of the Russia-friendly Party of Regions in Ukraine, helping guide the party's leader, Viktor Yanukovych, to the country's presidency. Yanukovych would later be ousted. (WP, Aug. 19, 2016)
April 27
Sen. Jeff Sessions (R-Ala.) may have met with Kislyak at a reception at the Mayflower Hotel in Washington before a foreign-policy speech given by Trump (CNN, May 31, 2017).
June
At a closed-door meeting of foreign policy experts and the prime minister of India, Page praises Putin effusively (WP, Aug. 5, 2016).
June 15
A hacker calling himself ÃoeGuccifer 2.0Ã releases the Democratic National Committee's research file on Donald Trump (Gawker, June 15, 2016). News reports already link the stolen data to Russian hackers (WP, June 14, 2016).
July
At some point this month, the FBI begins investigating possible links between the Russian government and Trump's campaign (Wired, March 20, 2017).
July 7
Page travels to Moscow to give a lecture (NYT, April 19, 2017). The Trump campaign approved the trip (USA Today, March 7, 2017). This trip was likely the catalyst for the FBI's request for a secret surveillance warrant to track PageÃs communications (WP, May 25, 2017).
July 11 or 12
Trump campaign staffers intervene with the committee developing the Republican Party's national security platform to remove language call arming Ukraine against Russian aggression. (July 18, 2016).
July 18
At an event hosted by the Heritage Foundation as part of the Republican National Convention, Sessions and Kislyak have a brief conversation (WP, March 2, 2017).
Flynn delivers a speech at the Republican convention, joining in the crowd's ÃoeLock her up!à chant. ÃoeIf I, a guy who knows this business, if I did a tenth of what she did,à Flynn said, ÃoeI would be in jail todayà (C-Span, July 18, 2016).
July 22
Wikileaks releases emails stolen from the Democratic National Committee (WP, July 22, 2017).
Jul. 27
During his
Trump seems unaware that TrumpCare is a giant tax cut for the rich by repealing the taxes that funded ObamaCare.
A senator who supports the bill left the meeting at the White House with a sense that the president did not have a grasp of some basic elements of the Senate plan — and seemed especially confused when a moderate Republican complained that opponents of the bill would cast it as a massive tax break for the wealthy, according to an aide who received a detailed readout of the exchange. Mr. Trump said he planned to tackle tax reform later, ignoring the repeal's tax implications, the staff member added.
https://www.nytimes.com/2017/06/27/us/health-care-bill-trump-pence.html
I'm really confused about the president's position on dodging taxes. If poor people don't pay taxes, that's bad. But if a rich person gets a tax break, that's good. If one of Trump's businesses, or he himself, avoids taxes, that's just his business expertise. But if Jeff Bezos does it, that's bad again.
Help me out here. I'm really confused...
No, you're wrong.
Amazon is a public company, with stock traded on NASDAQ. Ownership is over 63% institutional. Jeff Bezos is the Chariman, President, CEO, and a large stockholder, but by no means "owns" Amazon.
The Washington Post is a privately held company, which Jeff Bezos purchased through a holding company (Nash Holdings, LLC) for $250 million in 2013. Yes, he indirectly "owns" The Washington Post.
Your descriptions of writing off of losses from WP to cover gains from Amazon is grossly inaccurate and ignorant of how business structures and taxes work in the United States.
Learning HOW to think is more important than learning WHAT to think.
It hadn't occurred to me before, but Zaphod Beeblebrox (in The Hitchhiker's Guide to the Galaxy by Douglas Adams) is spookily predictive of Trump as US President: ... He was briefly the President of the Galaxy (a role that involves no power whatsoever, and merely requires the incumbent to attract attention so no one wonders who's really in charge, a role for which Zaphod was perfectly suited). ... As a character, Zaphod is hedonistic and irresponsible, narcissistic almost to the point of solipsism, and often extremely insensitive to the feelings of those around him. In the books and radio series, he is nevertheless quite charismatic which causes many characters to ignore his other flaws. ... Throughout the book and radio versions of the story, Zaphod is busy carrying out some grand scheme, has no clue as to what it is and is unable to do anything but follow the path that he laid out for himself. ...