On Sun, 13 Jan 2008 20:15:53 GMT, "Anny Middon"
> wrote:

>"Ted Mittelstaedt" > wrote in message
...
>>
>>
>> That's the cruel reality of it. To be sure, you can make the
>> argument that many of the poor people aren't on the food stamp
>> program simply because they are ignorant about the social
>> services that their state has, and that doing it this way gets
>> the poor people the help they need to pull themselves out of
>> the poorhouse. That doesen't really quite hide the fact from
>> anyone who can put 2 and 2 together that the grocers aren't
>> participating for purely altruistic reasons..
>>
>
>Even without the food stamp program restrictions, I don't think grocers
>participate for purely altrusitic reasons. IANAA but I'm pretty sure they
>get a tax deduction for charitable contributions for donating food.
>
>The choice for them would therefore be to throw it out and get nothing or to
>donate it, have some administrative/bookkeeping expense, and get a nice
>deduction that lowers their taxes -- and gets them some goodwill in the
>community in which they do business.
>
>Seems like a no-brsiner to me, but IANAGrocer, either.
>
>Anny
>
When you buy inventory you automatically get the deduction for
whatever it costs. You then subtract the total cost of what you
bought from your sales. Doesn't matter whether you sell it or it
rots.
--
Susan N.

"Moral indignation is in most cases two percent moral,
48 percent indignation, and 50 percent envy."
Vittorio De Sica, Italian movie director (1901-1974)