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Thread: Dicks destroys $15,000,000 worth of guns

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    Dicks destroys $15,000,000 worth of guns

    Dicks is making a big deal out of the fact they destroyed 15 million dollars of guns. Gun grabbers will think that is wonderful.

    Think about it!!!

    Dicks will write ofF the 15 million on their taxes. That means they are screwing the government, and in effect it is costing them NOTHING!!!!!!!!!!!!!!!!!!!!!

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    Re: Dicks destroys $15,000,000 worth of guns

    Quote Originally Posted by Logical1 View Post
    Dicks is making a big deal out of the fact they destroyed 15 million dollars of guns. Gun grabbers will think that is wonderful.

    Think about it!!!

    Dicks will write ofF the 15 million on their taxes. That means they are screwing the government, and in effect it is costing them NOTHING!!!!!!!!!!!!!!!!!!!!!
    I saw that on Morning Joe this morning. It actually happened a few years ago, after Sandyhook. I don't know how much they could write off on their taxes. It's not exactly a business expense. But cynicism abounds, and you might be right. I'm sure we have some accountants here who could tell us for sure.

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    Re: Dicks destroys $15,000,000 worth of guns

    Not saying that it can't be done,, but,, how do you destroy inventory ( on purpose ) and then take it off taxes..

    djl
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    Re: Dicks destroys $15,000,000 worth of guns

    Quote Originally Posted by Logical1 View Post
    Dicks is making a big deal out of the fact they destroyed 15 million dollars of guns. Gun grabbers will think that is wonderful.

    Think about it!!!

    Dicks will write ofF the 15 million on their taxes. That means they are screwing the government, and in effect it is costing them NOTHING!!!!!!!!!!!!!!!!!!!!!

    Every source I've seen says it was $5 million. Why did you inflate the number?

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    Re: Dicks destroys $15,000,000 worth of guns

    Quote Originally Posted by Logical1 View Post
    Dicks is making a big deal out of the fact they destroyed 15 million dollars of guns. Gun grabbers will think that is wonderful.

    Think about it!!!

    Dicks will write ofF the 15 million on their taxes. That means they are screwing the government, and in effect it is costing them NOTHING!!!!!!!!!!!!!!!!!!!!!
    How about you put this in the right forum on this site instead of infecting other parts with this whiny tripe?
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    Re: Dicks destroys $15,000,000 worth of guns

    Moderator's Warning:
    Dicks destroys ,000,000 worth of gunsThread moved.
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    Re: Dicks destroys $15,000,000 worth of guns

    Quote Originally Posted by bmr528 View Post
    Not saying that it can't be done,, but,, how do you destroy inventory ( on purpose ) and then take it off taxes..
    Who knows, but if they are anything like the typical progressive (full of self-hatred), then they probably like the idea of inflicting financial pain upon themselves.

    Plus they get loads of virtue signalling street cred.

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    Re: Dicks destroys $15,000,000 worth of guns

    Quote Originally Posted by bmr528 View Post
    Not saying that it can't be done,, but,, how do you destroy inventory ( on purpose ) and then take it off taxes..

    djl
    If you destroy the inventory there is zero value thus the write off. So between state and local taxes they probably had something like $2 million in savings on their $5 million write off.

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    Re: Dicks destroys $15,000,000 worth of guns

    Quote Originally Posted by SCrider View Post
    Every source I've seen says it was $5 million. Why did you inflate the number?
    Dick’s Sporting Goods destroys $5 million worth of weapons
    Thank you

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    Re: Dicks destroys $15,000,000 worth of guns

    Quote Originally Posted by Logical1 View Post
    Dicks is making a big deal out of the fact they destroyed 15 million dollars of guns. Gun grabbers will think that is wonderful. Think about it!!!
    Dicks will write ofF the 15 million on their taxes. That means they are screwing the government, and in effect it is costing them NOTHING!!!!!!!!!!!!!!!!!!!!!
    I agree that gun collectors will welcome the news. Scarcity tends to increase value.

    They are not screwing the government and it is not costing them nothing. That's fake news.

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