You are viewing a single thread.
View all comments View context
41 points

Anytime you’re asked that, it should be read as “would you like to donate to our tax break”.

Just say no to all of them and donate to the causes you want to support yourself.

permalink
report
parent
reply
6 points

When asked this question by a cashier, i will ask them if the company matches donations. They reply has usually been no, when it simply wasnt just IDK.

permalink
report
parent
reply
-17 points
*

That’s not how it works.

https://www.taxpolicycenter.org/taxvox/who-gets-tax-benefit-those-checkout-donations-0

Edit: downvoted for refuting misinformation lmao, a very easily googleable wives tale that has circulated and been disproven countless times.

permalink
report
parent
reply
16 points

Then I am curious, how does it work? I don’t think many people are going to claim thirty cents leftover from coffee on their taxes, but walmart is certainly happy to get the benefit if it can.

permalink
report
parent
reply
2 points

Walmart can not claim your donations as a charitable donation on your behalf.

Regardless if a person does or doesn’t claim the charitable donation, Walmart never is able to anyway.

There may be other shady aspects about an organization you are donating to and Walmart may be able to make claims on their costs associated with facilitating the donation (for example the costs to set up and maintain the transaction process) but they never ever ever are able to claim your donation, doing so would simply be fraud and there are better ways to cook books than claiming 10 million individual charitable donations on behalf of 10 million people.

permalink
report
parent
reply
20 points

Walmart gets to advertise about how Walmart raised a million dollars for children’s hospitals, which sounds a lot like Walmart donated money to children’s hospitals.

The actual donation really does go to the charity and Walmart doesn’t get to claim it on taxes. The dodginess is in the marketing, improving their reputation at your expense. Walmart takes the credit for customer donations.

permalink
report
parent
reply
0 points

The customer is the one that gets the donation receipt to claim on their taxes.

permalink
report
parent
reply
10 points

the legitimate promotions of this sort; and walmart, as big and as greedy as they are, are still most certainly doing this on the ‘up and up’, the donations are tracked separately and separate from the revenue stream. it just gets passed-through to the charity. no tax deduction shenanigans involved. walmart already has other ‘legal’ loopholes and accounting tricks to use to lower their tax burden, they don’t have to do something blatantly obvious and easy to track that isn’t nearly as ‘effective’ at it.

permalink
report
parent
reply

Community stats

  • 1.4K

    Monthly active users

  • 1.3K

    Posts

  • 2.1K

    Comments

Community moderators