At least for point number 2 they should just make it so that if a company advertises that they gave to charity it’s no longer a tax write off. It’s basically a marketing expense at that point and should be treated like that.
I’d support that. I’ve experienced companies that do more donation with their own employees’ time. Pay the employee the same as they would doing normal work. Employee works as a volunteer in something not business related to further the community or whatnot. That work (as far as I can tell) is never communicated outside the company besides some lame message saying “we care”. The donation is actually an incentive to keep around employees who want to make an impact instead of the public side. Sure it’s selfish but it does work. I respect that side more than crazy tax breaks and ad campaigns like what has been brought up in this thread.
At least for point number 2 they should just make it so that if a company advertises that they gave to charity it’s no longer a tax write off. It’s basically a marketing expense at that point and should be treated like that.
I’d support that. I’ve experienced companies that do more donation with their own employees’ time. Pay the employee the same as they would doing normal work. Employee works as a volunteer in something not business related to further the community or whatnot. That work (as far as I can tell) is never communicated outside the company besides some lame message saying “we care”. The donation is actually an incentive to keep around employees who want to make an impact instead of the public side. Sure it’s selfish but it does work. I respect that side more than crazy tax breaks and ad campaigns like what has been brought up in this thread.