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Amazon is Not the Villain - Latest Financials Futures

Written by:
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Published on:
May/11/2018

The Seattle Times features an opinion piece Friday insisting that Amazon is "not the victim".   SCROLL DOWN FOR AMAZON FINANCIALS BETTING OPTIONS AND MORE ON THE COMPANY'S TAX QUAGMIRE

Amazon and other companies pay about 60 percent of Seattle’s taxes, not counting taxes employees pay. If the head tax shifts jobs elsewhere, Seattle will probably lose more taxes than it gains, syndicated cartoonist David Horsey writes.

Amazon is saying it will resume construction on a 17-story skyscraper pending the City Council’s vote on the "head tax", proposed by the city's Mayor, which would result in a smaller taxation that a more controversial plan offered up by the Council.

Amazon is also considering sub-leasing its massive Rainier Square office project to another company, rather than occupying it itself.

Date Open High Low Close* Adj Close** Volume
May 11, 2018 1,610.99 1,610.97 1,597.89 1,602.91 1,602.91 1,961,778
May 10, 2018 1,608.48 1,615.60 1,603.44 1,609.08 1,609.08 2,776,800
May 09, 2018 1,600.00 1,608.00 1,592.00 1,608.00 1,608.00 3,637,300
May 08, 2018 1,595.00 1,596.88 1,582.51 1,592.39 1,592.39 3,067,900
May 07, 2018 1,589.34 1,606.95 1,587.83 1,600.14 1,600.14 3,801,900
May 04, 2018 1,562.45 1,584.90 1,562.19 1,580.95 1,580.95 3,443,600
May 03, 2018 1,560.01 1,574.80 1,546.02 1,572.08 1,572.08 4,251,900
May 02, 2018 1,580.98 1,588.50 1,566.36 1,569.68 1,569.68 4,360,300
May 01, 2018 1,563.22 1,585.00 1,552.18 1,582.26 1,582.26 4,572,100

- Gilbert Horowitz, Gambling911.com

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