1. Donald Trump
June 28, 2017updated 29 Jun 2017 8:29am

Trump accuses Amazon of not paying internet taxes

US president Donald Trump has used Twitter to attack e-commerce giant Amazon for not paying internet taxes.

Trump accused Amazon’s chief executive Jeff Bezos, who acquired the Washington Post in 2013 of using the newspaper’s coverage to protect the online retailer from its tax liabilities.

It is not the first time Trump has publicly criticised Amazon.

During his presidential campaign, he said that the world’s biggest online retailer flouted the law with an unfair tax shelter. He said last October in Gettysburg, Pennsylvania:

Amazon, which through its ownership controls the Washington Post, should be paying massive taxes but it’s not paying. It’s a very unfair playing field and you see what that’s doing to department stores all over the country.

Again, inn a campaign rally in February 2016, Trump told the crowd:

If I become president, oh [does Amazon] have problems. They’re going to have such problems.

He added that Bezos, the world’s third-richest man, bought the Washington Post for $250m to exert  “political influence”.

Since the beginning of April, Amazon has been collecting sales tax nationwide, so it is unclear what unpaid taxes Trump is referring to.

This is a personal thing. … He’s going after Jeff,” Gene Munster, co-founder and managing partner of Loup Ventures, told CNBC‘s “Squawk on the Street.” “It’s all about personal vendetta against The Washington Post.”

The tweet calling the Washington Post “fake news” comes just a day after the newspaper reported that at least four of Trump’s golf properties display a sham cover of Time magazine featuring the president.

Amazon’s shares were down less than one percent after Trump’s tweet on Wednesday morning.