The problem with Amazon’s profits

Speaking of Benedict Evans, here’s another great post looking at Amazon’s profits, or lack thereof.


    Jeff Bezos is a hard core libertarian so he hates income taxes. This is the reason there is no profit in Amazon. This is also the reason he started Amazon in Washington State which has no state tax on income. Washington Post purchase is in the same vain.

    Amazon is the new Sears except run by libertarian.