BASS TURDS!!! in http://www.dslreports.com/forum/r19329595 en Thu, 10 Dec 2009 12:19:55 EDT Thu, 10 Dec 2009 12:19:55 EDT Corporations usually can't write off Donations, actually http://www.dslreports.com/forum/remark,19338511 anon : Corporations can not write off cash donations. The only thing a corporation can write off is donations of goods or services that they provide (i.e., a web design company could write off the cost of creating a web site for a non-profit) or the donation of goods that they actually used in business; for example, the donation of a truck to a non-profit.

Since the expense of these things can already be written off anyway (it's called depreciation, and sometimes just expensed), no -- a corporation is usually much worse off doing a donation than even you as an individual. That's why it's so important that we each individually do our part -- we, at least, can write off most donations to non-profits, whether NGO or faith-based.

And $1M is a lot of money. Think about how big of a deal that is to close such a big deal, regardless of how big the company is. That's a lot, even to a big company. That's a lot of cereal boxes, esp when you consider how tight-assed Walmart is, and how low their margins must be on each item.

On the other hand, if Walmart is giving away $1M in GOODS (as opposed to disaster relief cash), then they can write it off. That would make the most sense anyway -- most people need goods in the stricken area more than cash, since it's hard even to find stores that are open. And Walmart can write it off -- that's good. And keep in mind that when you write it off, you only get back the taxes you paid on it. That means Walmart might get 30% back on their total donation.

Even worse, even if Walmart is giving goods, who are they giving it to? You can't write it off unless you're giving it to a non-profit organization, because otherwise it's not tax deductible. If I give away hot dogs from my hot dog stand to people on the street, I can't write those off -- only if I donate them to the American Red Cross or something.

Anyway, I do agree -- business does what's best for business, usually. But people who run businesses DO have consciences, and (moreever) it's good for businesses to donate for at least two reasons: PR and to excite your community and employees that you are making a positive difference.

As Guy Kawasaki says, your business should create meaning. If you do that, your business will also generate revenue.

Disclaimer: I own a small business but am neither an accountant or lawyer, although I do study both as a hobby. And I do wish I could deduct more contributions and gifts.]]> http://www.dslreports.com/forum/remark,19338511 Sun, 28 Oct 2007 12:23:23 EDT Re: What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19337241 fiberguy : Upon reflection, I do not wish to post. ]]> http://www.dslreports.com/forum/remark,19337241 Sun, 28 Oct 2007 01:12:59 EDT Re: What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19337220 KrK : Uh, wow. That's well off topic. My point being I'm so tired of hearing the lame arguments "If you don't like it, leave" or "Try moving to Cuba/China/Korea/Iran" etc

It's just a lame cop-out to any argument. "You got xxxx problem with xxxx here.... Then leave the country."

Imagine if the Government replied that way. "Oh you don't like the tax increase? Ok we'll kick you out of the country."

It's just a silly response.
--
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!)]]> http://www.dslreports.com/forum/remark,19337220 Sun, 28 Oct 2007 01:07:49 EDT Re: What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19335688 fiberguy : I happen to agree with bbt4. Everyone wants what other countries have and always point the finger to them saying "If they can have it, why can't we"... and then when people are told to move there and get it, responses like yours come.

Other countries have things at the cost of other luxuries that we enjoy. What SO MANY Americans don't see is the whole picture. I bet that 98% of all people that point to other countries as being the holy land of "the best" of the best have never stepped foot outside this country and see everything through rose color glasses.

Before people start bowing towards the orient because of fast broadband, step a few feet in those people's shoes and then come back and talk about it.

Think the people in the orient aren't ripped off? Sure, they have better cell service, broadband and technology, but I'll be damned if I'd want all that at the cost of being able to tell the world that I think George W. Bush is a scum bag and not be shot for it.

bbt4 was spot on with this statement... like it or not. People don't like the truth. Most, in America, always look at the good that others have and want it, but are FAR from willing to accept all that comes with it. Let's start there first.
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"Complaining is the least path of resistance for the self-serving, the lazy, and I’m told it’s a woman’s prerogative..."]]> http://www.dslreports.com/forum/remark,19335688 Sat, 27 Oct 2007 19:06:56 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19335668 Bluestealth : "Some" people, not most.]]> http://www.dslreports.com/forum/remark,19335668 Sat, 27 Oct 2007 19:04:22 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19333305 Youngjm :
said by hopeflicker See Profile :

said by fiberguy See Profile :

Yea... Corporations only want your money. Didn't Wal-Mart just give 250K to aid in disaster relief? wait.. no.. they didn't.. because they just upped it to 1 million. Another business, I heard, gave 2 million. AT&T and other companies are providing free calling service and WiFi in affected areas to help people stay connected. That's just a start.. but I can certainly see how corporations main function in life is to rip people off. Money, aid, and physical support is coming in strong from those greedy corporations all over the place from around the country...

Please.. engage the brain before you say such silly things.
It's more of an advantage to corps to offer donations and what not. Can you say BIG tax write offs?

It's so true. BIG corps only want whats in your wallet.
It is truly amazing how many people hate big corporations but if it was not for them, how many of us would have jobs and the things that we like to use?]]> http://www.dslreports.com/forum/remark,19333305 Sat, 27 Oct 2007 09:37:21 EDT Re: What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19333257 panda :
said by hopeflicker See Profile :

Misleading ads, false advertisements, monopolies, bait and switch, illegal business practices, B.S. TOS/EULA's that is written to where the common folk can not understand, overpriced, piss poor service, shareholder comes before the customer, and the FINE PRINT.

ALL to get YOUR $$$$

It's all shady and it's all BULLSHIT!
It seems to me that the answer should be obvious. Be neither "common poor folk" nor a "customer"...

Be a SHAREHOLDER and make it work inf your favor! Then, get elected to the BOD, and get more options, etc.

I feel so...

...empowered!

;-)
--
"[He] couldn't get a clue if he stripped naked, rubbed himself with clue musk, went to the middle of the clue breeding grounds at the height of clue breeding season when it was full of horny clues and did the clue mating dance for days."]]> http://www.dslreports.com/forum/remark,19333257 Sat, 27 Oct 2007 09:09:22 EDT Re: What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19333088 KrK :
said by kommander See Profile :

Move to China. I'm sure that the goverment ran every thing will be to your liking. There are no pesky greedy companies over there.
I so tire of this type of tripe.

Tell ya what, be a good little slave-sumer and pay the bills for the rest of us. Maybe then you'd care about being ripped off.
--
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!)]]> http://www.dslreports.com/forum/remark,19333088 Sat, 27 Oct 2007 07:38:30 EDT Re: What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19332832 Thaler :
said by hopeflicker See Profile :

so you enjoy all of these?
Misleading ads, false advertisements, monopolies, bait and switch, illegal business practices, B.S. TOS/EULA's that is written to where the common folk can not understand, overpriced, piss poor service, shareholder comes before the customer, and the FINE PRINT.
I highly doubt anyone enjoys any of that. However, seeing as how I'm lacking the startup capital to maintain my own ISP, I'm in no position to show them what's what. If they break the law, that's up for the court system to decide. However, if AT&T has wronged anyone specifically so wrongly in their business practices, then one would hope they'd drop their services.

Even if AT&T is in a monopolistic power position, they are still peddling luxuries with their broadband provisions. Consumers still have the right to vote with their wallet, and sever the non-essential services with a company that has done them so wrong. And yes, as damn near integrated & handy the internet has been in today's modern life, nobody's going to drop dead directly as a result from stepping off broadband.]]> http://www.dslreports.com/forum/remark,19332832 Sat, 27 Oct 2007 04:28:51 EDT Re: What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19332650 hopeflicker :
said by kommander See Profile :

Said by hope flicker:

What is wrong with big companies???/

Misleading ads, false advertisements, monopolies, bait and switch, illegal business practices, B.S. TOS/EULA's that is written to where the common folk can not understand, overpriced, piss poor service, shareholder comes before the customer, and the FINE PRINT.

ALL to get YOUR $$$$

It's all shady and it's all BULLSHIT!

Move to China. I'm sure that the goverment ran every thing will be to your liking. There are no pesky greedy companies over there.
so you enjoy all of these?
Misleading ads, false advertisements, monopolies, bait and switch, illegal business practices, B.S. TOS/EULA's that is written to where the common folk can not understand, overpriced, piss poor service, shareholder comes before the customer, and the FINE PRINT.
--
People pray to God because they're told to.]]> http://www.dslreports.com/forum/remark,19332650 Sat, 27 Oct 2007 01:58:42 EDT Re: What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19332640 kommander : Said by hope flicker:

What is wrong with big companies???/

Misleading ads, false advertisements, monopolies, bait and switch, illegal business practices, B.S. TOS/EULA's that is written to where the common folk can not understand, overpriced, piss poor service, shareholder comes before the customer, and the FINE PRINT.

ALL to get YOUR $$$$

It's all shady and it's all BULLSHIT!

Move to China. I'm sure that the goverment ran every thing will be to your liking. There are no pesky greedy companies over there.]]> http://www.dslreports.com/forum/remark,19332640 Sat, 27 Oct 2007 01:52:52 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19332206 NyQuil Kid : Just thought you might need this once you come down from your soapbox:

»www.graphicmaps.com/webimage/cou···olor.htm

[8F] The NyQuil Kid]]> http://www.dslreports.com/forum/remark,19332206 Fri, 26 Oct 2007 23:38:59 EDT What is wrong with big companies???/ http://www.dslreports.com/forum/remark,19331775 hopeflicker : Misleading ads, false advertisements, monopolies, bait and switch, illegal business practices, B.S. TOS/EULA's that is written to where the common folk can not understand, overpriced, piss poor service, shareholder comes before the customer, and the FINE PRINT.

ALL to get YOUR $$$$

It's all shady and it's all BULLSHIT!
--
People pray to God because they're told to.]]> http://www.dslreports.com/forum/remark,19331775 Fri, 26 Oct 2007 22:03:38 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19331717 jinjimbob : yep, its also cheap advertising.]]> http://www.dslreports.com/forum/remark,19331717 Fri, 26 Oct 2007 21:53:48 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19331715 jinjimbob : I agree.

People would complain if they raised the rates to help pay for people who lost their STBs.

These people have house insurance.]]> http://www.dslreports.com/forum/remark,19331715 Fri, 26 Oct 2007 21:52:56 EDT Re: Has Halliburton given a penny yet? http://www.dslreports.com/forum/remark,19331581 mech1164 :
said by Thaler See Profile :

said by qworster See Profile :

Has Halliburton given a penny?

No.
I don't remember anyone mentioning them.

Welcome to Tangentville.
Isn't that next to BiasTown? :D]]> http://www.dslreports.com/forum/remark,19331581 Fri, 26 Oct 2007 21:27:14 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19331286 ossito16 : Are you seriuos? Donating money & resorces is the least they could do. With all the tax loop holes these companies use they should have given 10 times the amounts offered. Take a look at some of the financial statements, in the 10's of billions.]]> http://www.dslreports.com/forum/remark,19331286 Fri, 26 Oct 2007 20:32:32 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19331008 jjeffeory : Well, some people also go above and beyond making money. They want to help others and feel satisfaction in what they do.]]> http://www.dslreports.com/forum/remark,19331008 Fri, 26 Oct 2007 19:39:15 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19330369 AtomicZero : Well maybe not rip offs, that doesn't sound right...they DO provide a service. But what I think he was trying to say is that most corporations tend to not really cater to the needs of the customer and are more interested in the bottom line.]]> http://www.dslreports.com/forum/remark,19330369 Fri, 26 Oct 2007 17:49:46 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19330262 Thaler : Clearly you haven't gone fishing. :D]]> http://www.dslreports.com/forum/remark,19330262 Fri, 26 Oct 2007 17:33:56 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19330249 supernac : My bad, the phrase "bass turds" is ok, but mention CAPITALISM and your post gets deleted!]]> http://www.dslreports.com/forum/remark,19330249 Fri, 26 Oct 2007 17:31:52 EDT Re: Has Halliburton given a penny yet? http://www.dslreports.com/forum/remark,19330219 Thaler :
said by qworster See Profile :

Has Halliburton given a penny?

No.
I don't remember anyone mentioning them.

Welcome to Tangentville.]]> http://www.dslreports.com/forum/remark,19330219 Fri, 26 Oct 2007 17:26:13 EDT Has Halliburton given a penny yet? http://www.dslreports.com/forum/remark,19330199 qworster : Has Halliburton given a penny?

No.

And why shoud they? After all, they only got paid BILLIONS of dollars from our Govt. for war mongering!]]> http://www.dslreports.com/forum/remark,19330199 Fri, 26 Oct 2007 17:23:30 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19330141 Thaler :
said by hopeflicker See Profile :

It's more of an advantage to corps to offer donations and what not. Can you say BIG tax write offs?
Ummm...trust me. They would've made a whole lot more money in just keeping their donations, rather than give them away. You bet your ass they're included in tax write offs. Don't we all try and account for the $5, $10 or whatever we donate to charities as well come tax time? Their donation is no different than the ones citizens make.

said by hopeflicker See Profile :

It's so true. BIG corps only want whats in your wallet.
What else are they supposed to want? If a company wanted anything more from me than what's in my wallet, I'd feel like I had a stalker or something.]]> http://www.dslreports.com/forum/remark,19330141 Fri, 26 Oct 2007 17:16:04 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19330119 Thaler : LOL, man companies can't catch a break. They bill disaster victims and then they're called heartless bastards. They suspend the bill and provide free services to disaster victims...and then they're greedy SOBs that're only after a buck.

Good God, pick a side and stick with it. The customer got what they wanted from the company they do business with. If that isn't a case of customer service, I don't know what is.]]> http://www.dslreports.com/forum/remark,19330119 Fri, 26 Oct 2007 17:12:33 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19330037 hogrunr : hmmm...wonder who that big company was...*cough* HP *cough*

Oh PLUS matching employee donations]]> http://www.dslreports.com/forum/remark,19330037 Fri, 26 Oct 2007 16:59:13 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19329882 fiberguy : 1st, it's not "more of an advantage"...

2nd, do you know how the tax code works and why donations are able to be written off? Theoretically, money needs to flow from the private to the government and some goes back to the private sector. You may funnel money direct to charitable causes yourself instead of the government doing it. So, what's wrong with that?

3rd, very good! Yes.. corporations DO want whats in your wallet... and...? What's your point? That's what business is all about.. supply and demand... they have something you want - you trade with them.. money for product and/or service.

Paranoid people also look at Christmas gifts and think "I wonder what they want from me"... sad, really.

Let me give you something to think about... a charitable donation is going to get into the hands of those in need FAR faster than the government... so please, tell me what's wrong with a donation - even if a tax break is in play.

This is ridiculous.
--
"Complaining is the least path of resistance for the self-serving, the lazy, and I’m told it’s a woman’s prerogative..."]]> http://www.dslreports.com/forum/remark,19329882 Fri, 26 Oct 2007 16:32:37 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19329849 en102 : Good PR will help, as will donations.
If AT&T didn't help getting these customers their service back... then they wouldn't be getting revenue from them.
Tax deductions are always good as well.
--
Canada = Hollywood North]]> http://www.dslreports.com/forum/remark,19329849 Fri, 26 Oct 2007 16:29:44 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19329835 hopeflicker :
said by supernac See Profile :

Do you have a job? If so why? Is it to make money?? Your so greedy!!!!!!!!
LOL
--
People pray to God because they're told to.]]> http://www.dslreports.com/forum/remark,19329835 Fri, 26 Oct 2007 16:27:23 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19329832 supernac : Do you have a job? If so why? Is it to make money?? Your so greedy!!!!!!!! ]]> http://www.dslreports.com/forum/remark,19329832 Fri, 26 Oct 2007 16:26:42 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19329783 hopeflicker :
said by fiberguy See Profile :

Yea... Corporations only want your money. Didn't Wal-Mart just give 250K to aid in disaster relief? wait.. no.. they didn't.. because they just upped it to 1 million. Another business, I heard, gave 2 million. AT&T and other companies are providing free calling service and WiFi in affected areas to help people stay connected. That's just a start.. but I can certainly see how corporations main function in life is to rip people off. Money, aid, and physical support is coming in strong from those greedy corporations all over the place from around the country...

Please.. engage the brain before you say such silly things.
It's more of an advantage to corps to offer donations and what not. Can you say BIG tax write offs?

It's so true. BIG corps only want whats in your wallet.
--
People pray to God because they're told to.]]> http://www.dslreports.com/forum/remark,19329783 Fri, 26 Oct 2007 16:18:34 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19329761 burgermeister : The horrible corporation I work for is matching all employee donations plus adding dough and donating vehicles.

I hate these big companies!!!!! ;)
--
"I've learned that depression is merely anger without enthusiasm." ]]> http://www.dslreports.com/forum/remark,19329761 Fri, 26 Oct 2007 16:14:28 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19329647 fiberguy : Yea... Corporations only want your money. Didn't Wal-Mart just give 250K to aid in disaster relief? wait.. no.. they didn't.. because they just upped it to 1 million. Another business, I heard, gave 2 million. AT&T and other companies are providing free calling service and WiFi in affected areas to help people stay connected. That's just a start.. but I can certainly see how corporations main function in life is to rip people off. Money, aid, and physical support is coming in strong from those greedy corporations all over the place from around the country...

Please.. engage the brain before you say such silly things.
--
"Complaining is the least path of resistance for the self-serving, the lazy, and I’m told it’s a woman’s prerogative..."]]> http://www.dslreports.com/forum/remark,19329647 Fri, 26 Oct 2007 15:57:33 EDT Re: BASS TURDS!!! http://www.dslreports.com/forum/remark,19329610 burgermeister : They are, after all, in business to make money.

And how were they ripping anyone off?????
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"I've learned that depression is merely anger without enthusiasm." ]]> http://www.dslreports.com/forum/remark,19329610 Fri, 26 Oct 2007 15:51:42 EDT BASS TURDS!!! http://www.dslreports.com/forum/remark,19329595 roc5955 : That just goes to show, that the corporations ONLY want your money. That's their main function in life, to rip people off!
--
"Understanding is a three-edged sword."]]> http://www.dslreports.com/forum/remark,19329595 Fri, 26 Oct 2007 15:50:09 EDT