Is it worth rounding up at checkout? (sh.itjust.works)

submitted 4 days ago by bpt11@sh.itjust.works to c/asklemmy@lemmy.ml

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If I’m in the checkout at a business, say McDonald’s or Walmart or Kroger or whatever, and they ask if I’d like to round up to donate to some charity, I usually say yes. But should I be doing this? I heard somewhere that I shouldn’t because they can claim that as a donation from them which contributes to them paying less taxes or something, I’m not sure if that’s 100% how it works but I figure that it benefits them somehow or why else would they do that?

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[-] thezeesystem@lemmy.blahaj.zone 10 points 4 days ago

Most charities from cooperations are pretty much them getting your money and "donating" and then making it a tax right off benefiting them and only do it because it makes people think there "good" and want to help when it's just a scam for them to manipulate people and get more money.

Donate directly never through corporations. Always

[-] i_stole_ur_taco@lemmy.ca 10 points 4 days ago

That is absolutely false.

Corporations can only donate on your behalf, so they get no tax benefits whatsoever. They cannot claim the money you donated as income nor can they donate it under their own name. The only thing they can do is use it for PR and tell the public “they helped raise $x for this cause”.

That said, if you donate a non trivial amount to charity, you should do it directly with the charity so you can get a tax receipt and write it off on your personal taxes.

[-] etchinghillside@reddthat.com 6 points 4 days ago

You might fact check that.

[-] sbv@sh.itjust.works 4 points 4 days ago

[citation needed]

this post was submitted on 25 Nov 2024

31 points (97.0% liked)

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