Donald Trump Incensed With ‘Washington Post’ Claims (Inaccurately) That Amazon Has ‘No-Tax Monopoly’.
This is essentially FAKE NEWS on the part of the President.
As of April 2017 Amazon is collecting Internet sales tax on shipments to ALL states that have a sales tax. That is an irrefutable tax. So for Trump to claim that Amazon has a ‘no-tax monopoly’ is wrong.
Yes, prior to April 2017, Amazon like so many other online retailers did not collect (and handover) sales tax to states that had such a tax. But, Amazon did not have a monopoly and the whole issue of Internet-tax has yet to be fully thrashed out yet.
So, yes, it is true that Amazon in the past was ‘no-tax’.
And yes it is still true that Amazon does NOT force 3rd-party sellers on Amazon from charging sales tax. It probably should to be consistent and avoid Trump having a sliver of an excuse.
Well, as I said just a few days ago, Trump’s vendetta against the Jeff Bezos owned ‘The Washington Post’ could BEGIN to harm Amazon — though AMZN hit an all time HIGH on Monday!
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I had never heard of it. Deanna found it on the Web and sent me a link. Looks interesting for what it is — a Maine-specific aquarium with, naturally, an emphasis on lobsters. And its prices, e.g., $7 for adults & $3 for kids, reflects its specialized scope (and possibly its ‘non-profit’ intentions).
This certainly does not look like the Mystic or Boston (i.e., New England) but it is not setting out to be so.
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Last week’s IBM results was the 21st consecutive quarter of declining revenue! That is plainer English is 5.25 years of declining revenues in a row! That is bloody stupid. And all of that since Gin-and-Tonic Ginni Rometty took over as Chairman. Forget political correctness, she has to go. But, that aside.
It is time to stop being sentimental and emotional about IBM mainframes — and this from one who loves IBM mainframes and made a living thanks to those big, blue iron. But, you have to be realistic. Mainframes, FINALLY, after 53-years are on their deathbed BUT will keep going, without any sustenance, for another 10-year, MINIMUM.
That is the beauty of the LEGACY business. The legacy will continue even once the ‘legacy-maker’ is dead.
Developing new mainframes and mainframe features is an extremely costly business. IBM should stop ALL mainframe development efforts forthwith.
IBM has a rich and very profitable revenue stream of mainframe leases, mainframe maintenance and mainframe software maintenance. That revenue will continue as long as IBM keeps the mainframe running — via just maintenance.
Remember when Microsoft Windows XP, Windows 7 etc. are end-gamed. But people, including I, keep on using those operating systems. Well, it is much better when it comes to mainframes.
IBM can end-game mainframes tomorrow and mainframes revenues will continue to pour in for at least 10 years. But, IBM can save many millions, maybe even a billion, on development costs.
So, mark my words.
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- During his candidacy for President, Jeff Bezos, Amazon’s founder & Chairman/CEO, was vocal in his opposition for Trump — and like so many he never, for a nanosecond, thought Trump would win.
- Jeff Bezos bought The Washington Post in 2013 — and it is one of the newspapers that has been a constant thorn in Trump’s derriere continually breaking damaging and embarrassing stories about the star-crossed Trump administration & family.
- Trump, with his simplistic way of thinking, figures that Amazon is ‘unamerican’ in that it has hurt other American businesses and in his mind, does not pay enough tax (though we know what Trump thinks about paying his own personal taxes).
In the July 22, 2017 early-morning Tweet he, in print, tied together Amazon and the Washington Post — though they, legally, only have Jeff Bezos as a common factor, neither Amazon or WP having a financial stake in the other.
Among the powerful arsenal of unilateral powers that Trump wields is that of being able to get the Department of Justice (DoJ) to open an antitrust investigation into Amazon. Amazon shares will drop 20% on that news — which will not in itself be disastrous since AMZN is up 37% YTD and 186% over the last three years. Antitrust will not kill Amazon. It will just slow its progress. I started working for IBM (albeit in the UK) in 1974 when it was in the midst of its long drawn out antitrust travails. It was a pain. Just had to double, triple guess all decision and document everything. Amazon will prevail but it will get ‘winged’.
Trump is vindictive as we know and Amazon is an easy target. So this bothers me.
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She has done an AMAZING job. It is blinking beautiful. I don’t think I have ever seen a more visually congenial hair salon in my life (and I have bummed around quite a few cities in the world). I am sure there is nothing like it around here. Jessica is also extremely good at what she does, very dedicated and conscientious.
She asked me to do this Website for her because she, as she should be, is swamped. The salon is already doing very well though it only opened last month.
Read it about it in ‘The Baysider‘.
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It went through quite well. I wasn’t sure exactly at what time the DNS was going to get updated and as such was trying to use the new e-mail about 40 minutes too soon. No harm. All went well when the DNS was updated. As far as I can see all my e-mails, including those I sent and received just prior to the cutover, were migrated over.
Yes, after over 12-years of using Workspace e-mail, daily, I have to get used to the new system.
The new e-mail composing editor is a DREAM! Wow, at last the ability to attach multiple documents/pictures in one go and have images inline. It is a modern, full-capability editor. I am so thrilled.
I still don’t know whether this Microsoft system is going to be better when it comes to NOT losing incoming or outgoing messages. I was busy ‘today’ with visitors and haven’t used the e-mail much. But, I will keep you posted.
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Where this took place.
Northeast Sri Lanka north of ‘Trinco‘.
Pretty incredible, very suave and at the same time SO Sri Lankan!
This elephant, a WILD one from the jungles in that part of the country, was found 10 miles from shore! They think it was swept out, accidentally, by a strong current. Wow. I have never heard of elephants needing to be rescued from the sea. Has got me thinking. This one was, serendipitously, spotted. Does this mean we lose elephants at sea! That is NO joke. That would be such a waste. IF I had any sway in Sri Lanka I would urge the relevant officials to try and determine whether this was a freak or not.
That they spend 12 hours bringing it back close to shore is CLASSIC Sri Lankan. We are into low-tech and trial-and-error. Notice there was no attempt to put some sort of large floatation collar around the elephant. They must have some in Sri Lanka for salvage and rescue purposes. Just using ropes to pull an elephant weighing a few tons seems cruel. But, they saved his life — we think.
Well done. Hats off.