Amazon vs. the Internal Revenue Service
As we have previously noted, Amazon's growth is somewhat attributable to tax advantages it has leveraged. Now, Amazon ($AMZN) is fighting the law and the law...?
As we have previously noted, Amazon's growth is somewhat attributable to tax advantages it has leveraged. Now, Amazon ($AMZN) is fighting the law and the law...?
In a week where personal income rose less than expected and personal spending decreased somewhat (and remained generally flat), this provides an interesting look into why GDP growth is stagnant and businesses built on consumption (cough: retail) are struggling.