Comments
I think she is missing one thing .. and that's if the food is given to a qualified charity and is classified as "wholesome" food donated to the needy, then they qualify for an 'enhanced deduction'
So they would make more money in tax deductions by donating it than writing it off.
I mean most of what she is saying is probably true, and most places are probably lazy and don't care .. but the mechanisms are in place to help these companies profit more .. if there is a way to get the food to the appropriate charities.
Two points to add to what she's saying: 1. They're not just incentivised to prioritize profits, they are required to do so by law, the publicly trded ones anyways. And b. Those checkout "donate your change" things? They tally up the donations annually and donate under the stores name which is another item on their taxes. If they could pocket it they would but that would be legally problematic.
Wish North America would adopt something closer to what France did in 2016, banning stores from throwing away still edible, but cant be sold foods, to select restaurants or food banks. They built a supply system around distribution and storage of this
https://zerowasteeurope.eu/wp-content/uploads/2020/11/zwe_11_2020_factsheet_france_en.pdf
She doesnt understand how tax works.
Thats still a loss.
there were 2 countries (out of 193) that voted against making food a human right (you'll never guess which ones). if the vote would have went through, just imagine, companies probably coulda even been susbsidized for repurposing their food waste or compensated eventually, but we'll never know because those 2 countries were against food being a human right. Im sure theres a perfectly good reason to prevent food becoming a human right, right?
hey let's expand on this, if you find yourself questioning whether the current administration is really releasing proof of aliens/ufos, ect, just remember we stopped FOOD from becoming a HUMAN RIGHT, why tf would an advance intelligence care to waste their time with a species that holds food like a carrot on a stick to the rest of its species?
I don't think this makes sense. Companies don't want to make a loss, even if they can use it to offset against taxes.
A big reason grocery stores don't give this food away is that they're worried it'll make people sick and that they'll be held responsible.
Ideally something would be done to ensure that they are protected if they give food away, but I guess it's not this trivial.
But wouldn't donating the food also be considered for a tax write off?
How do you incentivize people to do the difficult work of raising and processing food while keeping wages high enough to pay for life’s necessities and food cheap enough for the masses to afford?
Seems like this problem has been around forever but solving it would eliminate a lot of problems.
A BIG part of the problem is the Stock Market. Because, it doesn't matter if a Company turns a profit for 100 years straight. The Market dictates that it MUST generate MORE profit than the previous year, EVERY year. Otherwise, it's no longer a good investment, which means investors will pull the money they've invested, thus dooming the Company to failure.
We live in a dystopia


