- cross-posted to:
- orphancrushing
- orphancrushing
- cross-posted to:
- orphancrushing
- orphancrushing
Over 7,000 students in Georgia with unpaid lunch balances are getting a helping hand following a $1 million initiative from the Arby’s Foundation, the nonprofit announced Thursday.
Tax write off
Even as a tax right-off it costs money. For instance about ⅓ of my income goes to taxes, so every $100 I donate to charity results in me saving about $33 in taxes. So a $100 donation only costs me about $67. It still costs me, and it still costs companies real money who make charitable contributions. They should be recognized for it.
It also does a lot to help them keep their “meager” profit margins that they artificially keep low to avoid paying taxes in the first place.
How about we get all the extra money that taxing would give us and then charity can be given out afterwards. Yes it costs them money but they already aren’t paying their fair share.