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Old 12-10-2009, 12:37 PM   #16
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I did hear that Goodwill Industries is trying to step up to the plate and see if they can use the space as a regional processing facility for donated goods. This would be great if it could be made safe for the employees. They will not take on the EPA liability either though.



Many large corporations form shells to protect them form outside law suits.


If they really want that tax money, they could go after the shell's signed responsible parties. Someone had to sign that they were responsible for liabilities outside of law suits.

Contrary to popular belief. Becoming a corporation. Doesn't protect you from all corporation financial responsibilities.

It does cost money to go after them. But it can be done. Perhaps your city just doesn't care enough.

All large companies that get a proprety tax break. Renogociate it before it expires. Maybe it was your city that didn't play ball. And caused another town/township to get the tax money they would h ave got had they played ball.

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Old 12-10-2009, 12:44 PM   #17
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what are you talking about? You have no idea who was even throwing the stuff away and yes, the IRS does allow a value to be deducted and not just a cost basis.
Talk to a tax accountant. Not just what you read on a internet tax advisory site.
Tell him you bought $10,000.00 worth of tools for $1,000.00, and you are donating them to charity. See what he says you can really deduct.
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Old 12-10-2009, 02:31 PM   #18
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Many large corporations form shells to protect them form outside law suits.

If they really want that tax money, they could go after the shell's signed responsible parties. Someone had to sign that they were responsible for liabilities outside of law suits.

It does cost money to go after them. But it can be done. Perhaps your city just doesn't care enough.
My current twin city attorneys staff care a lot. They and their staffs are tax supported, from the same dollars WalMart and other box stores never contribute.

Your comment is uninformed and mean. What funds would you suggest they use to litigate the Box Store nightmare here

Best way to send a message, IMO, is to stop shopping in them.

- Steven
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Old 12-10-2009, 02:35 PM   #19
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This has nothing to do with DIY
Sorry to hear a local store went under & materials were trashed
Moved to off topic
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Old 12-10-2009, 04:00 PM   #20
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the bottom line, regardless of what value they placed on the material; they could have donated the material, had a tax deduction, and built good will in the community in the process and might have gotten a lot of free advertisement in the process.

the only other possibility I can think of is that somebody did buy the salvage rights to the clearing of the building and it was not actually the owner of the building throwing the stuff away.
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Old 12-10-2009, 04:05 PM   #21
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the only other possibility I can think of is that somebody did buy the salvage rights to the clearing of the building and it was not actually the owner of the building throwing the stuff away.
That is another good possibility.

When a big company has a going out of business sale. And advertises all those X% off prices. the company going out of business isn't doing the selling. A liquidation company is hired. And has raised the price on many things. And even brings in things that the store didn't have for sale at the time they decided to go out of business.

Circuit city did that.
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Old 12-10-2009, 04:13 PM   #22
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Menard's was forced to agree to kick in some money to help build some houses around their new store for low income employees, like theirs, in return for building a second store. I guess, kicking and screaming, they are going to do it. Lowest of Lowe's? Hope Depot? Nothing of consequence gets donated back to communities here from box stores. Or in your area either. Just ask someday!
Walmart doesn't do a lot of local charity. They do more national, and international.

http://www.msnbc.msn.com/id/17803920
http://walmartstores.com/CommunityGiving/203.aspx
http://www.forbes.com/feeds/afx/2008...fx4693102.html

Yes. Some stores in my area went out of business shortly after Walmart opened.

The ones charging 500% on snow blowers in the summer, and increasing the price another 150% when the weather was calling for snow(which was there right to do so).
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Old 12-10-2009, 04:16 PM   #23
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When a big company has a going out of business sale. And advertises all those X% off prices. the company going out of business isn't doing the selling. A liquidation company is hired. And has raised the price on many things. And even brings in things that the store didn't have for sale at the time they decided to go out of business.

Circuit city did that.
and that was a crock of hooey the way the did that. Quite deceptive.

I walked in and saw the big 10% off everything and figured; so what.

waited for awhile and went back and the 20-30-40% off prices were still not good buys since they did actually raise the original price. Definitely deceptive and I wonder if actually wholly legal but not enough of a problem for me to spend my effort on it.

I can tell you this; I will never buy from Circuit City again.
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Old 12-10-2009, 04:19 PM   #24
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I can tell you this; I will never buy from Circuit City again.
ROFL me either.
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Old 12-10-2009, 04:30 PM   #25
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Circuit City is still selling online
I get E-mails from them
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Old 12-10-2009, 04:35 PM   #26
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Circuit City is still selling online
I get E-mails from them
LOL. Good luck if you buy from them.
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Old 12-10-2009, 04:45 PM   #27
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Circuit City is still selling online
I get E-mails from them
in name only.



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Systemax Inc., a leading multi-channel retailer of computers, electronics, and industrial products, has purchased the Circuit City brand, trademark, website and other assets. And we've recently launched the all-new CircuitCity.com website, which offers you incomparable values on a huge inventory of brand name computer & electronics products -- all at the most affordable prices in the industry.

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