Because when you round up for charity, McDonald’s claims that donation themselves when they file taxes, lowering the tax they have to pay at your expense. You are paying their taxes for them.
This is why all the big companies do charity stuff like this.
That’s not how tax deductions for charitable donations work, and McDonald’s can’t claim them either. What they do get is PR for running the thing, and like it or not, it does get people to donate who otherwise wouldn’t.
If they did that it is illegal, the customers can retain receipt and claim as charitable deduction, the business cannot as they are just a middle man funds collector.
Because when you round up for charity, McDonald’s claims that donation themselves when they file taxes, lowering the tax they have to pay at your expense. You are paying their taxes for them.
This is why all the big companies do charity stuff like this.
That’s not how donations work. You get a receipt for your donation and you get to claim it. McDonald’s does not.
Thet get to say they raised money for charity but they don’t get to claim it on their taxes.
It’s just a low-effort way for them to virtue signal.
That’s not how tax deductions for charitable donations work, and McDonald’s can’t claim them either. What they do get is PR for running the thing, and like it or not, it does get people to donate who otherwise wouldn’t.
That being said, I would welcome people to do their own donations and get the tax exemptions for it, whatever gets them there.
We can hate McDonald’s for a lot of other reasons.
I’d rather tax McDonald’s for an amount respective of their profits compared to me.
If they did that it is illegal, the customers can retain receipt and claim as charitable deduction, the business cannot as they are just a middle man funds collector.