Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, has taken to social media to unload on the Trump administration’s trade policy and what he says is a lack of transparency from major companies like Amazon (NASDAQ:AMZN).
“All companies should display the tariff cost as it is a tax on consumers,” Gerber posted last week on X, responding in part to recent comments by President Donald Trump suggesting that tariffs could replace income taxes for many Americans. “While they push this no income tax fantasy, the reality is this is the biggest tax HIKE on the average American family in modern history. Amazon should be transparent.”
All companies should display the tariff cost as it is a tax on consumers. While they push this no income tax fantasy, the reality is this is the biggest tax HIKE on the average American family in modern history. Amazon should be transparent. $AMZN
— Ross Gerber (@GerberKawasaki) April 29, 2025
Don’t Miss:
-
Deloitte’s fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!
-
Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share.
Amazon Denies Tariff Transparency Plan
The post came on the same day a Punchbowl News report claimed Amazon was planning to show import charges on its main site. The White House jumped in quickly, with press secretary Karoline Leavitt calling the alleged move “a hostile and political act by Amazon.”
On its website, Amazon responded by saying no such plan existed for its main platform: “The team that runs our ultra low cost Amazon Haul store considered the idea of listing import charges on certain products. This was never approved and is not going to happen.” Haul is Amazon’s budget-focused unit that competes with sites like Temu and Shein.
President Trump even called Amazon founder and executive chairman Jeff Bezos to complain about the situation, later telling reporters, “He solved the problem very quickly. He did the right thing.”
Trending: Donald Trump just announced a $500 billion AI infrastructure deal — here’s how you can invest in the entertainment market’s next big disruptor at $2.25 per share.
Backlash and Support Online
Gerber’s post sparked widespread debate online. One X user replied, “This is awesome – now I know it’s not made in the U.S. and I can shop elsewhere.” Others called for even more accountability: “Be transparent and hold Republicans accountable for this mess,” one person posted.
Several commenters compared the idea to how shipping companies add a fuel surcharge, calling tariff breakdowns on consumer products a “no-brainer.”
Microsoft and the Bigger Picture
Says a man who never built a company… https://t.co/HLgKUnRpvM
— Ross Gerber (@GerberKawasaki) May 1, 2025
See Also: Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold.
Gerber doubled down after U.S. Treasury Secretary Scott Bessent told Yahoo Finance that CEOs stop worrying about tariffs and get back to business.
“Says a man who never built a company…” Gerber replied.
In another post, he warned that Microsoft (NASDAQ:MSFT) was hiking Xbox prices by up to $100 because of tariffs. “When tariffs hit the rest of society… this isn’t going to go well,” he said.
With all sides weighing in, Gerber’s message has struck a nerve: if tariffs are here to stay, Americans deserve to see exactly how much they’re paying and for what.
Read Next:
-
Be part of the next med-tech breakthrough for only $350 — 500+ surgeries already done with nView’s AI system.
-
Inspired by Uber and Airbnb – Deloitte’s fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.30/share!
Image: Shutterstock
“ACTIVE INVESTORS’ SECRET WEAPON” Supercharge Your Stock Market Game with the #1 “news & everything else” trading tool: Benzinga Pro – Click here to start Your 14-Day Trial Now!
Get the latest stock analysis from Benzinga?
-
AMAZON.COM (AMZN): Free Stock Analysis Report
-
MICROSOFT (MSFT): Free Stock Analysis Report
This article Ross Gerber Blasts Amazon, Trump. Says The No Income Tax Is A Fantasy, ‘Tariffs The Biggest Tax Hike On American Family In Modern History’ originally appeared on Benzinga.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
