I never see the results of all the asking either, the large cheques that you see posted in the front of these stores never seem to amount to the millions of dollars you would think. In the end they will claim the value of the money given as tax break for the business and you get poorer. Funny that.
My grandparents ALWAYS CALLED THIS A SCAM
The store takes your donation, then they donate it and take all the credit.
“Store name” donated $1 million to XYZ Charity.
Not only do they get the credit, they also get tax benefits from the donation.
Update: Seems I am incorrect! Thanks for the polite discourse.
I don’t think they can get a tax break, but they definitely get the media attention.
Well if they donate that money to their own charity then I'm sure they figure out some way to keep most of it. "Admin costs " and such.
No, that's not how it works. All they get from the donation is good PR.
A lot of billionaires have their own charities.
You telling me they only do it for PR?
I don't believe it. That's just not consistent with their greed.
I'm sure that the charitable image is part of it. But I don't think they are doing it for only that reason.
This old myth still... They do not get any tax benefits. That's not how taxes work. The donation is your donation. You can claim it on your own taxes if you itemize deductions.
They make a dollar, they donate a dollar. No change to tax.
Bloody Shell asked me the other day if i wanted to donate money to some shell sponsored forests. Yeah right, fuck off multinational capitalist scum
some shell sponsored forests
I initially read "forests" as "fascists"
Those are probably their ‘carbon offsets’ too so already making money and trying to make more on it.

They want you to give them a tax break. It's a scam like all capitalism is.
And they get credit for donating even tho it was actually their customers.
In many cases they also cause the child hunger by paying their employees a wage so low that food assistance is required.
They do not get credit for facilitating your donation. This is a misunderstanding of how donating works based on when I looked it up after saying the same thing. They do it mainly to virtue signal. Either way I share the sentiment of the post.
I think by credit he means they get to brag about how much they “donated”.
Everyone should know by now they don’t get any tax advantages.
I hate the self checkouts. I scan everything, put it in my bag, want to pay, but then there's a check. So I have to unpack everything, wait for someone to scan everything, then pack everything again. From the 40 self checkout counters there's only 1 for cash money, while I have a lot of cash from selling stuff second hand so need to get rid of it. There's always a line. Oh how I feel shitty AF when I have to unpack and pack everything with 9 people breathing down my neck. And if I made a mistake, they treat me like a criminal. I'm not being paid to do their job! For fuck sake. And even though I don't give a shit about this super rich mega company who extort their personnel, I'm too honest of a guy to steal anything (even though they deserve being stolen from). I'm autistic. I just simply can't. But when I made a mistake, being treated like a criminal while being an honest person makes the whole experience so much worse.
So I resort to ordering groceries online, buy in bulk so I only have to deal with a delivery person once in a while. But next to being autistic, I also have ADHD which causes me to always forget at least one thing from every meal I plan to make, forcing me to go to the store anyway.
Just let me put everything on the conveyor belt, say hi, pay, say thanks bye, grab my shit and go. And repeat this step 3 times until I have everything I forgot.
I always decline, without exception.
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It's not my duty to pull from my personal funds to support others. I ALWAYS vote to help others with my tax dollars.
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I don't actually know where my money is going. I haven't researched these organizations. I don't know where my money ends up.
Donations through a non profit, where the CEO and/or some of their family are on the board and paid a big salary from those donations, so only a fraction makes it to the stated goal.
As far as the world knows, they did. It was the $20 you gave them.
I often pass an intersection where a woman is selling ice cold water bottles, and in the other direction, her husband (I assume) is selling flowers. I almost always buy 2 bottles of water from her.
I know that my money is going directly to help a hard working family, instead of some "charity," where only about 20% goes to the actual research, while executives take millions in compensation.
I've been given the "corporations should be able to run their business how they want and government shouldn't ban things like they banned weed" too many times on lemmy.
We should ban for profit corporations from doing certain things, this is one of them. ~~We know they're using the money as a tax writeoff~~. Ban this shit. Not everything is drugs.
Edit: looks like afaik its not tax deductible for corporations to do this though I would not put it past a small business or local manager to try it. I would prefer other methods for charitable donations other than how well they negotiate with box stores, etc.
I don't know how it is in your country but last time I checked, it was not used as tax writeoff. Are you sure it is the case ? Because I hear this a lot on the internet and no one bother to check if this is true or not.
I've been saying this for years.
I donate a fair bit of money relative to my income bracket. Sometimes it's directly to places that need it. Sometimes it's by donating goods instead of money. Sometimes it's by entering raffles at work, or buying candy from kids at the store, or a coupon book from veterans.
And sometimes it's by donating at the till. Look, corpos suck. But one of the only good things they do is solicit donations at the till.
Stores process thousands and thousands of transactions a day, and if even only a handful of those people decide to round up or add a little bit more on top, it adds up to so much money for good causes that I guarantee would not otherwise ever get donated.
And please, please can we put this myth to rest: in no country that I am aware of can a company claim your donations on their taxes. Those donations are yours and yes, you can claim them on your taxes if you are willing to do the work of keeping the receipt and itemizing your deductions. I do this every single year.
They don't claim it on their taxes, they claim it in marketing
Well they will make the donation, but they'll do it with your money, and then they'll take the tax deduction for it, and reward themselves with a nice fat end of year bonus from the tax savings. Isn't capitalism fun?
That's not how tax deductions work. All the write-offs allow is for them to not count the money donated as income, so they make the same amount of money on the sale whether or not you donate.
The benefit to the company is PR or donating to a non-profit with a mission that aligns with their corporate goals. For instance, Bass Pro may ask you to donate to wildlands preservation non-profits that maintain environments in which people fish and hunt.
The amount of misconceptions and misunderstandings regarding how taxes work is astounding.
See also: tax brackets. No, getting bumped up to the next tax bracket won't cause you to make less money after taxes. There are some benefits cliffs that do work like this (e.g. ACA subsidies), but those are different than income taxes.
If it could be verified that they at least matched donations, they might have better luck
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