StrikerJun 21, 2023

The rich pressuring the poor to donate money

https://lemmy.world/post/389244

The rich pressuring the poor to donate money - Lemmy.world

https://www.reddit.com/r/mildlyinfuriating/comments/uiba3f/multi_billion_dollar_businesses_asking_for/ [https://www.reddit.com/r/mildlyinfuriating/comments/uiba3f/multi_billion_dollar_businesses_asking_for/]

Show threadEmergingDystopiaJun 21, 2023
Yeah, this really bothers me. Because in reality, that company that you give money to at checkout is just going to bundle that all up and it's a donation in their name, used as a tax write-off. You as the shopper might feel nice and warm and fuzzy, but you're just giving a multimillion or billion dollar company a tax break. Just donate as yourself. If you want to help XYZ cause, do it on your own. My two cents.
Show threadmighty_alfredo
That's not how it works. You are donating as yourself, and can use the donation as a tax write off if you would like.
Jun 21, 2023 at 6:10pmWeb
Show threadKingStrafeIVJun 21, 2023
Source
Stores can’t write off customer donations made at checkout

False. Stores can’t write off a customer’s point-of-sale donations, because they don’t count as company income, according to tax policy experts.

AP News
Show threadmighty_alfredoJun 21, 2023
Thank you for the link. To be clear to anyone too lazy to click (which you should do to verify anyway) this is a source that confirms that businesses don't get to claim your donation as their own.
Show threadEmergingDystopiaJun 21, 2023
I didn't know that, and appreciate you saying that. I stand corrected. :)