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Money and Finances
Reply to "How Do You Feel About Being Hit Up for Donations at Check-Out?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Those donations are a tax write off for the company. [b]In other words, if they collect $1,000 in donations that day at the check out register, that amount is used to lower their taxable income by $1000.[/b] So basically they are using you to get a tax benefit for themselves. Just donate directly if you really care.[/quote] Really? I don't understand how that works. You can use $1000 in donations to offset $1000 in revenue from sales?[/quote] OP here.....and OMG. Is THIS what they're doing? They are using customers to offset their own tax obligation? Sounds unethical at best, and illegal at worst.[/quote]
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