Commentary: Why a ‘Billionaire’ Wealth Tax Would Hurt the Working Poor and the Middle Class

Vermont Senator Bernie Sanders wants to tax billionaires out of existence, or at least make them an endangered species. His proposed wealth tax of up to 8 percent per year would mean “the wealth of billionaires would be cut in half over 15 years,” he says.

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After 10 Years, Amazon Is Pulling the Plug on Its Business Operations in China

Amazon Fulfillment

by Saibal Dasgupta   Amazon says it is curtailing business operations in China, the world’s biggest retail market, after struggling against better entrenched local players for more than a decade. The company announced recently that as of July 18, it will no longer provide services through its Chinese website, Amazon.cn. The…

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Amazon Still Gives Southern Poverty Law Center Veto Power Over Charity Program

by Peter Hasson   The Southern Poverty Law Center’s ongoing crisis hasn’t cost the left-wing nonprofit its privileged status with Amazon, which gives the SPLC broad authority to determine which charities and nonprofits can participate in its AmazonSmile charity program. The SPLC has lost three top figures — including both…

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Gone in a New York Minute: How the Amazon Deal Fell Apart

In early November, word began to leak that Amazon was serious about choosing New York to build a giant new campus. The city was eager to lure the company and its thousands of high-paying tech jobs, offering billions in tax incentives and lighting the Empire State Building in Amazon orange.…

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Amazon May Bail on New York Headquarters After Locals Rail Against It

by Tim Pearce   Amazon is reportedly rethinking its promise to build a headquarters in New York City after receiving pushback from local officials and residents, sources told The Washington Post. New York Gov. Andrew M. Cuomo and NYC Mayor Bill de Blasio, both Democrats, are pushing for the Amazon…

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Congress Members Call for Investigation Into Pentagon’s Handling of Controversial $10 Billion Cloud Contract

by Andrew Kerr   Two members of the House Appropriations Committee requested an investigation Monday into the Pentagon’s handling of its $10 billion winner-take-all cloud computing contract following widespread criticism that the deal has been rigged from the start to favor Amazon. Amazon Web Services is the only cloud computing…

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Amazon Raises Minimum Wage After Workers Collectively Pushed Back At ‘Robot’ Culture

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by Grace Carr   All full-time, part-time, temporary and seasonal Amazon employees will now receive higher pay after the company announced Tuesday that it will raise the minimum wage to $15 per hour. “We listened to our critics, thought hard about what we wanted to do, and decided we want to…

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Bernie Sanders’ Misguided ‘Stop BEZOS’ Bill Would Backfire on Workers

by Amanda Snell and David Kreutzer   No single company gets perhaps as much attention in the news as Amazon. The online retailing giant has surpassed $1 trillion in market value and is now searching for a city to place its second headquarters. Amazon has done enormous good in making Americans’…

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Why Amazon Associates Removed Legal Insurrection From Its Program

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by Kyle Perisic   Amazon dropped the conservative news and law publication Legal Insurrection from its profit sharing associate program, the publication announced Wednesday. The reason behind why Legal Insurrection was terminated from the associates program raises unanswered questions about Legal Insurrection’s supposed violations of an agreement with Amazon, including…

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