5 ms·

The cost was probably tabulated and tax deductible. That helps.

StavrosK 11y ago
I don't understand this mentality. Costs are always tax-deductible, it's not as if this is some added perk. Same with donations, "ooh, donations are tax-deductible!" Yeah, so is an advertising campaign, you're not doing me a favor here.
- s_baby 11y ago
  If you've already decided you're going to be charitable you can be much more generous because of the deduction. With that said Georgia Aquarium keeps killing their beluga whales.
  - StavrosK 11y ago
    > If you've already decided you're going to be charitable you can be much more generous because of the deduction. Can you explain that a bit? If I'm going to spend $1000 on ads, I can write them off as an expense, and save $X off taxes. If I decide to spend it on charity, will I save more than $X on taxes?
    - Turing_Machine 11y ago
      Charity gets you goodwill and free distribution of your message. Advertising just annoys people -- to the extent that they will install software designed to block it. Note that a) UPS didn't have to pay a additional dime for this article, or hundreds of others (google "UPS shipping beluga") and b) most of us are reading it voluntarily. Which do you think is the better deal? Between this article and an intrusive popup ad jumping in your face, which do you think makes people think more positively toward UPS? Without the deduction for charitable contributions, that wouldn't be an option.
      - StavrosK 11y ago
        This is irrelevant. I'm asking why "tax deductible" is touted as a benefit of charity, when costs are already tax deductible.
        Turing_Machine 11y ago
        Without special legislation, charitable donations are not "costs", as they are not required for normal operation of a business. I'm not sure why you have difficulty understanding this.
        StavrosK 11y ago
        I'm not sure why you think "I have difficulty understanding" it when you're the first person saying it.
        Turing_Machine 11y ago
        Give that it's clear to everyone else, it's obvious that you have difficulty understanding it. Or possibly you're just trolling. In any case, it should be all sorted now, so we're done here.
        StavrosK 11y ago
        Or maybe I'm just not from the US?
        Turing_Machine 11y ago
        Where are you from that "charitable donation" and "cost" are synonymous?
        derekja 11y ago
        Costs are subtracted from income to get net income, by contrast charitable deductions are subtracted directly from the tax owing.

I don't understand this mentality. Costs are always tax-deductible, it's not as if this is some added perk. Same with donations, "ooh, donations are tax-deductible!" Yeah, so is an advertising campaign, you're not doing me a favor here.

s_baby 11y ago
If you've already decided you're going to be charitable you can be much more generous because of the deduction. With that said Georgia Aquarium keeps killing their beluga whales.
- StavrosK 11y ago
  > If you've already decided you're going to be charitable you can be much more generous because of the deduction. Can you explain that a bit? If I'm going to spend $1000 on ads, I can write them off as an expense, and save $X off taxes. If I decide to spend it on charity, will I save more than $X on taxes?
  - Turing_Machine 11y ago
    Charity gets you goodwill and free distribution of your message. Advertising just annoys people -- to the extent that they will install software designed to block it. Note that a) UPS didn't have to pay a additional dime for this article, or hundreds of others (google "UPS shipping beluga") and b) most of us are reading it voluntarily. Which do you think is the better deal? Between this article and an intrusive popup ad jumping in your face, which do you think makes people think more positively toward UPS? Without the deduction for charitable contributions, that wouldn't be an option.
    - StavrosK 11y ago
      This is irrelevant. I'm asking why "tax deductible" is touted as a benefit of charity, when costs are already tax deductible.
      - Turing_Machine 11y ago
        Without special legislation, charitable donations are not "costs", as they are not required for normal operation of a business. I'm not sure why you have difficulty understanding this.
        StavrosK 11y ago
        I'm not sure why you think "I have difficulty understanding" it when you're the first person saying it.
        Turing_Machine 11y ago
        Give that it's clear to everyone else, it's obvious that you have difficulty understanding it. Or possibly you're just trolling. In any case, it should be all sorted now, so we're done here.
        StavrosK 11y ago
        Or maybe I'm just not from the US?
        Turing_Machine 11y ago
        Where are you from that "charitable donation" and "cost" are synonymous?
      - derekja 11y ago
        Costs are subtracted from income to get net income, by contrast charitable deductions are subtracted directly from the tax owing.