My wife has been addicted to watching dumpster diving videos where people end up finding brand new expensive things thrown away by retailers. It made me remember reading somewhere that the reason they do this is because it’s cheaper for them to throw away or destroy their inventory than it is to give it away or sell at discount. HOW???
I don’t see how they could possibly save money by destroying inventory rather than putting it on extreme discount. Surely they could make more money selling at an extreme discount versus no money at all by destroying .
In: Economics
I was always under the impression that it was due to tax rates at a corporate level: writing off a discarded product gets more than a write off for donating it.
I can see by the replies so far that it’s a lot more complicated than that, but does the tax diff have any bearing?
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