Amazon and Empty Storefronts

The American Booksellers Association and Civic Economics have released Amazon and Empty Storefronts.

Here's an excerpt:

In 2014, Amazon sold $44.1 billion worth of retail goods nationwide, all while avoiding $625 million in state and local sales taxes.

That is the equivalent of 3,215 retail storefronts. . . which might have paid $420 million in property taxes.

A total of more than $1 billion in revenue lost to state and local governments, $8.48 for every household in America.

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Author: Charles W. Bailey, Jr.

Charles W. Bailey, Jr.