Saturday, April 28, 2012

Extorting Amazon

I could be wrong, but that's what it looks like. After several states were unable to squeeze money from Amazon over the collection of local taxes, Texas finally seems to have won its case.

To accommodate Texas, Amazon will add 2500 people to their payrolls, and spend $200M for no other purpose than to collect $260M to give to Texas.

If I ran Amazon, I'd see if Texas would take $200M in cash to simply leave me alone. It's the Chicago way after all.

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