AMZN in Texas SALES TAX Starts - 7 States to follow!
Sales taxes will kill AMZN Sales, Texas on-line sales tax just started, 7 more states are to follow, including Californis and Pennsylvania in September. MUST READ: ******** .businessmanagementdaily.com/32970/amazon-begins-collecting-sales-tax-in-texas (yahoo will no longer permit URL's so replace ******** or google this article under "google news"
really? market appears to disagree with that "opinion" right now? could it be that you are an underwater short? b/c that short premise has been the greatest short trap ever sprung in AMZN and there's been alot of them over the years. AMZN has rocked the short premises again and again: especailly the saels tax collection one.
If you think a company with 1.5% margins isn't going to have its sales affected by 6-8% sales taxes and by bans on it's products by its pro-gay marriage stance, you've got rocks in your head. It crashed SBUX.