Track_Shovel@slrpnk.net to Memes@lemmy.mlEnglish · 1 year agoNo, I would like your multimillion dollar employer to, though...slrpnk.netimagemessage-square23fedilinkarrow-up1835arrow-down113
arrow-up1822arrow-down1imageNo, I would like your multimillion dollar employer to, though...slrpnk.netTrack_Shovel@slrpnk.net to Memes@lemmy.mlEnglish · 1 year agomessage-square23fedilink
minus-squareiAmTheTot@kbin.sociallinkfedilinkarrow-up38arrow-down6·1 year agoTo preempt the inevitable: no, companies do not take your donations and then use them as a tax write off to somehow profit. That’s a myth. That’s not how taxes work. Those donations are yours and you can claim them on your taxes. Yes, really.
minus-squarejaybone@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down1·1 year agoYeah if they really fucking cared, the machine would ask “how much of our profit in this sale should we donate to charity.” Then you don’t pay anything extra, and they can take the tax write off. (And lose the profit.) Lol of course they will never do this.
minus-squareiAmTheTot@kbin.sociallinkfedilinkarrow-up1arrow-down3·1 year agoYes, they get good publicity typically. Charities also get a butt load of money they would not have otherwise got.
minus-squarePog@lemmy.blahaj.zonelinkfedilinkarrow-up9arrow-down1·1 year agoThat’s exactly what a CEO would say hmmm
minus-squareAssholeDestroyer@lemmy.mllinkfedilinkarrow-up3arrow-down8·1 year agoThey definitely don’t profit but don’t donations lighten a corporation’s tax liability?
minus-squarecashsky@lemmy.worldlinkfedilinkEnglisharrow-up7·1 year agoNo. They literally just said that’s not how it works.
minus-squarerailsdev@programming.devlinkfedilinkarrow-up9arrow-down1·edit-21 year agodeleted by creator
To preempt the inevitable: no, companies do not take your donations and then use them as a tax write off to somehow profit. That’s a myth. That’s not how taxes work. Those donations are yours and you can claim them on your taxes. Yes, really.
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deleted by creator
Yeah if they really fucking cared, the machine would ask “how much of our profit in this sale should we donate to charity.”
Then you don’t pay anything extra, and they can take the tax write off. (And lose the profit.)
Lol of course they will never do this.
Yes, they get good publicity typically. Charities also get a butt load of money they would not have otherwise got.
That’s exactly what a CEO would say hmmm
They definitely don’t profit but don’t donations lighten a corporation’s tax liability?
No. They literally just said that’s not how it works.
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