Think the Rich Are Charitable? Think Again

Think the Rich Are Charitable? Think Again | Care2 Causes

care2.com 30 Mar '13, 8pm

Think the Rich Are Charitable? Think Again

When you think of charity, you probably think of rich benefactors stepping in to aid a noble cause. Yet it turns out that the rich arent nearly generous as the poor. In fact, Americas poorest people donate to charitable organizations at more than twice the rate of Americas richest citizens . According to new research, the richest 20% only donated 1.3% of its income to charity, while the poorest 20% gave 3.2%. Once you take into account that the wealthiest are able to write-off a lot of these donations on their annual taxes, while the poorest do not even itemize such things, the discrepancy is that much more glaring. The Atlantic summarized this study, as well as a few others that reached similar conclusions. The publication also cited a study by The Chronicle of Philanthropy , which examined charitable donations by zip code. The research found that residents of poverty-...

Full article: http://www.care2.com/causes/think-the-rich-are-charitable...

Tweets

@JasonSohigian » 04 Apr '13, 8pm
Think the Rich Are Charitable? Think Again [link] #philanthropy
@NeoRenfield » 01 Apr '13, 10pm
RT @DorianSnyder: Think the Rich Are Charitable? Think Again [link]
@TheSwissKim » 01 Apr '13, 6pm
RT @stillwaters1029: Think the Rich Are Charitable? Think Again [link]
@sadieark » 01 Apr '13, 3pm
RT @JamesMArcher: Thanks @LiberalEffects for sharing this insight into the uncharitable nature of the rich. [link] #UniteBlue #wealth
@JamesMArcher » 01 Apr '13, 3pm
Thanks @LiberalEffects for sharing this insight into the uncharitable nature of the rich. [link] #UniteBlue #wealth
@AlFullbright » 01 Apr '13, 12pm
Without a tax deductible write-off there would be little charity; who is really paying the tab? [link]
@raystopher » 01 Apr '13, 11am
Think the Rich Are Charitable?(NO!) Think Again [link]
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RT @TerriDuffey: Think the Rich Are Charitable? Think Again [link]
@iambizzyb » 01 Apr '13, 12am
Think the Rich Are Charitable? Think Again [link] Does that shock you? Not me.
@blonde4764 » 31 Mar '13, 7pm
Think the Rich Are Charitable? Think Again [link] #charity Not surprising!
@AnnTBush » 31 Mar '13, 5pm
RT @ceburns2003: Think the Rich Are Charitable? Think Again [link]
@panich52 » 31 Mar '13, 5pm
Think the Rich Are #Charitable? Think Again (one flaw in "compassionate conservatism") | Care2 Causes: [link]
@MClarissa » 31 Mar '13, 5pm
Study on charity shows rich self serving while poor help others - [link] the wealthy few = legion of doom
@djB_MonEy » 31 Mar '13, 2pm
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@iludiumphosdex » 31 Mar '13, 2pm
So much for expecting the #1_Percent to "do their fair share:" [link] RT @aattp @icacoop @moveon @credomobile
@djB_MonEy » 31 Mar '13, 1pm
RT @LiberalEffects: Think the Rich Are Charitable? Think Again [link]
@DanielleVallee » 31 Mar '13, 1pm
Think the Rich Are Charitable? Interesting Stats! [link]
@BionicBlonde » 31 Mar '13, 1pm
Another Republican fake piece of propaganda revealed. [link]
@RichardGEarl » 31 Mar '13, 12pm
Think the Rich Are Charitable? Think Again [link] @RichardGEarl
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RT @geovanni218: Think the Rich Are Charitable? Think Again [link]
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RT @chaz1944: Think the Rich Are Charitable? Think Again about TrickleDown! [link]
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Think the Rich Are Charitable? Think Again about TrickleDown! [link]
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RT @earthblog: Think the Rich Are Charitable? Think Again [link]
@checkin4charity » 30 Mar '13, 8pm
Think the Rich Are Charitable? Think Again - [link] (blog): Think the Rich Are Charitable? Thin... [link]
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Think the Rich Are Charitable? Think Again [link]
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RT @earthblog: Think the Rich Are Charitable? Think Again [link]
@earthblog » 30 Mar '13, 11pm
Think the Rich Are Charitable? Think Again [link]
@pink2yoo » 30 Mar '13, 10pm
Think the Rich Are Charitable? Think Again [link]
@WaMMaD » 30 Mar '13, 8pm
Think the Rich Are Charitable? Think Again - [link] (blog) [link]