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Old 13-04-2003, 11:20 PM
Snooze
 
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Default Plants at Wal-Mart

"Warren" wrote in message
news:%Egma.202910$Zo.37807@sccrnsc03...

Why stop at corporate donors? Everyone gets to write-off donations. By
your logic, no one would donate otherwise.

Also, keep in mind it's a tax deduction, not a credit. If your marginal
tax rate is 40%, and you write-off a $100 donation, you'll save $40 in
taxes. But if you don't donate the $100, even after paying the $40 in
taxes, you'd still have $60 in your pocket that you wouldn't have if you
made the donation.

So donating and writing it off doesn't mean you're saving any more money
for yourself. You're still taking money out of your pocket.


Corporations get a lot more financial mileage out of their donations, then
regular folks like you and I get. Especially when they donate products.
Remember they get to deduct the market value of their donations, which is
full retail, not the wholesale value.

Plus they get to put a sign at park, press coverage etc, all that say
"plants provided by Wal-Mart". In effect tax-deductible advertisements.

Sameer