Reviewing the most recent four years of Amazon's U.S. retail sales, Prime Numbers documents that in 2018 alone Amazon and its third-party vendors sold $189 billion of retail goods. The report’s analysis reveals that the nationwide results of those sales were:
- 540 million square feet of displaced retail space,
- 900,000 displaced retail jobs, and
- $5.5 billion to $7.0 billion in uncollected sales tax.
For the period of 2014–2018, the cumulative loss in uncollected sales tax is estimated to be as high as $22.5 billion.
Read the full ABA article
HERE.
Access the full study details and report
HERE.
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