Would you like to donate a dollar to...?
Would you like to donate a dollar to...?
Maybe it depends on country, but AFAIK they only get the tax breaks on the ammount donated. (The person who donated, too btw… If you keep the recipes and put it on your tax return filing, you should get a fraction of taxes back.)
I think they actually do it, because either the bosses have friends/relatives working for the non-profit or the non-profit also has operating costs and the mega corp profits off of those.
Yes, so they take your money, donate it to a cause that they are aligned with (possibly under the same corporate structure) take a tax credit on a portion of what you gave them to donate (which helps reduce their tax burden to near-zero), and enrich their friends in the process.
At least in the US the part about individuals getting a tax break would only apply if they’re itemizing their deductions which usually works out to be higher tax rate than the standard deduction for the majority of people.
It doesn’t reduce their tax burden, as they are receiving extra income from your dollar. There’s no tax loophole here.
The benefits to the company come from “look at all the charitable work we did last year”, and sometimes croniesim as op pointed out.
In the U.S. we really need to decouple charitable donation tax breaks from itemization.
Also, why not raise the standard deduction to say, $75k and tax billionaires whatever it takes to make up the difference ¯_(ツ)_/¯
[sorry for the wall of text rant below, I know this is just a comic we’re talking about here lol]
At least in Canada I know this is one of the most important annual campaigns for non-profits to bring in operating funds.
And, the Walmarts (for example) that have a manager that are into the fundraising bring in way more than the ones where the manager doesn’t care… Mostly because the cashier asking greatly increases the amount of donations.
I get that the business doesn’t do it out of the goodness of its non-existent, corporate heart - and gets tax breaks or whatever - but it really does help the non-profits.
If I had my own comic strip, I’d do a rebuttal:
Cell 1: person standing at cash, cashier says, “would you like to donate to non-profit organization ABC today?”
Cell 2: person rants: “you know, this is what’s wrong with the world today. Faceless corporations are acting like charities and taking more of our hard-earned money so they can get tax breaks and not actually contribute anything to society. I’ll donate at home and get the tax break myself, thank-you-very-much!” cashier: “uh huh, that’ll be $23.45”
Cell 3: [6 months later] person sitting at a desk: “alright, tax time, just gotta fill out these forms. Donations? Right, donations, donations… Hmm…”
Cell 4: [shows tax form with a prominent field of “Donations” and a big “$0”]
That’s fair, I’m certainly not addressing that.
The comic was about the charity/corporation/individual interaction and I’m just talking about the fact that given the situation they’re in, charities rely on donations in this form.
Completely agree, charity is a symptom of something wrong in a society. If something needs support and is worthwhile (and you assume charities are for worthwhile causes), why as a society is it not being done?
If you look at a lot of charities throughout history, it’s almost like they’re really there for the powerful to play with their pets …
You’d have to check based on your country, but like @[email protected] said in a reply somewhere, companies as far as I know don’t get tax breaks when you donate at checkout.
They do it to look good, don’t get me wrong, but telling people not to donate at checkouts based on a myth is really only harming the charities.
I don’t donate because I’m heartless (is that a win?).
I’m don’t donate because I’m over saturated with requests to donate. I already donate $500 a year to my local elementary school, $500 a year to fund a college entrance award, and then other small amounts here and there, mostly to FOSS projects. My family and I donate regularly to the community fridge and nothing drives.
I think that’s enough, but every single day I need to navigate several phone calls and every cash register. It’s gotten silly.
I just responded to another comment then saw yours. At least in Murica, the person gets the tax break, not the business.
Relevant article: taxpolicycenter.org/…/who-gets-tax-benefit-those-…
If you’ve shopped recently at your supermarket, there’s a good chance you faced a choice at the checkout counter: Whether to give to a charity. But like so much else these days, these giving opportunities have become controversial.
This really depends on
A) Which country you’re referring to
and
B) How good your accountants are.
Do you think that Bill Gates invests billions in “philanthropic offerings” too? You do get that donations are a massive scam opportunity for rich people, right?
You are conflating these concepts.
A business offering the donation at checkout doesn’t get to use your donation as a tax write off. You actually get to do that (though it’s unlikely you would get past the minimum deduction)
Bill Gates doing philanthropic work is the same as you donating through the grocery store.
Bill Gates doing philanthropic work is the same as you donating through the grocery store.
HAHAHAHAHAHHA
Why would I donate so a corporation can get a tax break or good press out of my money?
People who donate at the till are probably the people who tip on drive thru orders.
So, just fuck the people actually making the food? The tip should go to the fancy person who just holds your food for 30 seconds?
Nah tipping at the drive through is better
As much as I hate corporations, getting a tax break with your donation is actually something shitty they’re not doing. It’s misinformation, the donator gets the tax break, not the corp.
Here’s an article explaining it: taxpolicycenter.org/…/who-gets-tax-benefit-those-…
With that being said, will corporations lobby to change tax policy so they get the write off? Probably!
If you’ve shopped recently at your supermarket, there’s a good chance you faced a choice at the checkout counter: Whether to give to a charity. But like so much else these days, these giving opportunities have become controversial.
I still remember the time I ran into Woolworths at 7am right as the door opened to buy $400 worth of their paper bags because the delivery of bags our food bank was expecting the previous day never arrived and we had 800 hampers to pack that day.
I was wearing my uniform and I had my card with me to get the wholesale discount as part of the agreement our organisation had with woolworths.
The store manager recognised me as I walked in and ran off to grab some unopened boxes of bags for me.
When I hit to the checkout the cashier ran everything through, applied the discount, and even engaged in some mindful small talk about how busy we were expecting to get today and if Aldi had stopped giving us green bacon (they had not).
Then when we were almost done the cashier asked if I wanted to donate to Food Bank.
While I’m standing there holding a Food Bank charity partner wholesale card, wearing my Food bank charity partner uniform.
I said “uh, no, thanks” and I suspected the the cashier was on autopilot when she said “really? But it’s for food security” I said no again and they asked why not, at that point I realised that they weren’t on autopilot, they genuinely didn’t understand why I would not be using the food bank charity partner debit card to donate to food bank via woolworths.
She said it wouldn’t matter because the money would “go back to food bank eventually” (ignoring admin and financial management costs, it’s a net loss)… So why would I donate it if it would litteraly do nothing to benefit food bank other than give Woolies the opportunity to say they donated x money to food bank, bich that’s basically fraud.
I was a staff member, so it wasn’t exactly donating my time (though I won’t deny I put in a lot of free overtime and rarely took the allotted breaks, so some of my time at that organisation was donated, but I was a paid staff member)
The bigger issue was that they money I was using did not belong to me, it already belonged to the charity that I was being asked to donate to.
This is a really good point that I hadn’t considered at the time.
I’m always wondering this when my current boss (working at a different organisation now) will tell me to uber somewhere because it’s too far for me to cycle and use the company debit card.
I hate that American style tipping culture is becoming more common in Australia, but I hate the idea of someone not being paid a fair wage even more, and my boss is on the same page, but I still second guess myself every time I go to enter the tip because its not my money, so I’m always trying to decide how much to tip based on what I think is fair but also what our accountant might say.
Not to mention how many carers and support workers and financial powers of attorney would be asked to make donations of opportunity. I wonder if there are sort of “financial intentions” documents people can prepare in advance with trusted people to say “these are my values, if a charity aligns with my value’s, my carer can donate up to $y of my money or x% of my income per year”
20 bucks are 20 bucks.
That’s far from true, though. According to my sources, 20 male deer cost a LOT more than $20.
This is you donating to the non-profit. You get the tax break, the company does not. I'm so sick of this misinformation because nobody actually donates on their own, which is why non-profits partner with companies for fundraising.
It's on your receipt, you get the tax break. As simple as that.
sniffle Beautiful 🥺
spoilerMaybe we should devote a sub to sappy edits of dark/snarky things that are brain-rottingly sweet or completely ruin the point of the original
Use this: lemmy.world/c/webettercomics
Wanna be a mod?