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
In order to write it off (at full value) for tax purposes it has to be an actual-loss (Eg, destroyed).
So at the point where the potential income from discount-sale or liquidation is less than the per-item tax benefit of a write-off, it gets thrown away.
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