Amazon’s Hidden Liabilities

Like you, I use Amazon often and for an increasing number of things.  As reported in today’s Wall Street Journal, Amazon’s growth and expansion into new markets is unparalleled… It’s efficiency in operations is also a sight to behold. With its technology powered by energy intensive 24/7/365 data centers, Amazon needs only half as many workers to sell $100 worth of merchandise as a conventional retailer, such as Macy’s does.  And yet it pays almost no corporate tax because it is not profitable. Amazon’s lack of profit is not news, Amazon…

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