Everyone knows that Amazon founder Jeff Bezos is a genius. After all, he made himself one of the richest people in the world by avoiding the requirement that retailers collect state sales taxes. Yes, Amazon now collects these taxes, but the savings on tax collections in the years it didn't collect taxes almost certainly exceed Amazon's cumulative profits since it's been in business.
While Amazon's tax avoidance may have been legal, it was 100 percent brain-dead as public policy. In effect, st...
Published on November 15, 2017 21:13