Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday April 22, 2014

Amazon Revenue Down After Imposing Sales Tax

It looks like Amazon's bottom line is taking a hit after the company started collecting sales tax in some states.

Amazon's sales are taking a hit in states that have recently started making the company pay taxes. New research out of Ohio State University found that Amazon shoppers reduced their spending by 10% in states where the company has had to start charging sales tax.