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FLson

(93 posts)
1. Donating food helps reduce supply
Mon Nov 2, 2015, 09:25 PM
Nov 2015

in the demand and supply equation. While the initials were altruistic, I'm sure, the implication instead is letting food suppliers write-off potential loses in an easier manner that buys them good PR. The issue in this case is the potential over pricing of donated goods compared against sold goods letting food suppliers bulk up their profit margins while charging more for their products.

Personally I think perishable goods (perish in less than eighteen months without refrigeration), should no longer be allowed to be written off as costs when it comes to the tax code. If you can't price the item to move, you should suffer the consequence, not be allowed to artificially price the item higher than what it will sell for and then benefit from it. This allows a price to go higher and higher with less and less benefit to the consumer.

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