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this post was submitted on 29 Nov 2023
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Apple
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They may donate UP TO 0.001% of their 2023 net income wow!
That’s like someone who makes $100,000 a year donating up to $100 or $8.33 a month for a year
“Such a minuscule amount of money for Apple!!!”
“Heh, I bet they get a really nice tax write off from that miniscule amount of money they donated eh?”
They get a tax write offbecause it’s not profit. The tax argument is so dumb. They donated $1 million… so they didn’t make that, so they don’t pay tax on the $1 million they didn’t make…..
Sure, post something that puts the donation into perspective to a bunch of apple fan boys, and piss everyone off, gotcha. I’m not shaming apple, just want the world’s most valuable company to do more.