Amazon, Walmart trade barbs on taxes, wages
The Amazon-Walmart battle for retail supremacy veered into a trash-talk phase on Thursday over worker pay and alleged tax shirking. Amazon was the provocateur of the latest dustup, which comes as the two companies battle increasingly hard for retail market share.
In his annual shareholder letter, Amazon Chief Executive Jeff Bezos baited his rivals – who were not named – to match a minimum wage hike to $15 an hour. “We had always offered competitive wages. But we decided it was time to lead – to offer wages that went beyond competitive,” Bezos said.
“Today I challenge our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage. Do it! Better yet, go to $16 and throw the gauntlet back at us. It’s a kind of competition that will benefit everyone.” Walmart’s retort came from Executive Vice President Dan Bartlett, who was somewhat less coy about target of his dig.
Bartlett tweeted a link to a Yahoo Finance article picturing Bezos that cited a report from an NGO that said Amazon paid no taxes on its 2018 profit of $11.2 billion. “Hey retail competitors out there (you know who you are) how about paying your taxes?” Bartlett wrote, adding in a separate tweet that most Walmart warehouse associates have made more than $15 “for a long time.”