“Trump has talked about changing Amazon’s tax treatment because he’s worried about mom-and-pop retailers being put out of business.”
And President Trump is 100% correct: Amazon is very threatening to mom and pop, brick and mortar businesses and that will NOT be good for America. Small business is what kept big business in check. When there is no real competition, it is the consumer that will lose. When all that matters is profits and gains of your stock price, the consumer will feel that pain. While many small businesses need and enjoy profits, they also provide services and goods they are passionate about and do so at the lowest price they reasonably can. Giant corporations do not think this way today. Profits are their only desire.
You may be able to find the best prices on Amazon today because they can commandeer the best buys due to their size and because they have no real brick and mortar stores to maintain and pay for. But remove competition and I guarantee, those low prices will rise. Try supporting your local small business store when you can. You will help them remain in business and provide you the best service along with reasonable pricing. (Additionally, these small businesses pay taxes — take them out of the picture and guess who’s taxes will rise?) . . .