Whenever a multibillion dollar celebrity or corporate entity appears overly concerned about a cause and is asking you to help donate, just remember that it’s only so they can write it off on their taxes and save a few bucks.
If Walmart really cared about the Children’s Stollary Hospital, why the fuck don’t they donate even just a small fraction of their unimaginable wealth?
Can you provide any evidence walmart is getting tax reductions or saves a few bucks when consumers donate at the checkout? I can only find the opposite
No, but they get credit for raising all that money with the non-profit. Walmart gets to send out press releases about the donation that are gobnled up by lazy journalists. Walmart executives get the fringe benefits that come with a large donation such as party invites and chumming around with other donors. Also, they are getting free mentions in this very comment.
you pretty much summed up how it works at the Canadian tills. It is just a PR “lookie at us being goodest” and the typical rich people doing nice things knobberey.
And a huge slap in the face and pain in the ass for their employees to which they don’t give a shit about and who have to put up with the asshole comments that follow the request put forth by the employer.
I too would like to see a source that they can claim customer donations on their tax. Here in Australia they absolutely cannot claim it from donations made by customers, only if they donate using the company’s own money.
Whenever a multibillion dollar celebrity or corporate entity appears overly concerned about a cause and is asking you to help donate, just remember that it’s only so they can write it off on their taxes and save a few bucks.
If Walmart really cared about the Children’s Stollary Hospital, why the fuck don’t they donate even just a small fraction of their unimaginable wealth?
Can you provide any evidence walmart is getting tax reductions or saves a few bucks when consumers donate at the checkout? I can only find the opposite
No, but they get credit for raising all that money with the non-profit. Walmart gets to send out press releases about the donation that are gobnled up by lazy journalists. Walmart executives get the fringe benefits that come with a large donation such as party invites and chumming around with other donors. Also, they are getting free mentions in this very comment.
you pretty much summed up how it works at the Canadian tills. It is just a PR “lookie at us being goodest” and the typical rich people doing nice things knobberey.
And a huge slap in the face and pain in the ass for their employees to which they don’t give a shit about and who have to put up with the asshole comments that follow the request put forth by the employer.
https://www.cbc.ca/radio/costofliving/checkout-donations-nobody-gets-tax-benefit-1.6524462
I too would like to see a source that they can claim customer donations on their tax. Here in Australia they absolutely cannot claim it from donations made by customers, only if they donate using the company’s own money.