Facts on people who give. Americans are known for giving until it hurts, but it’s ironic that the people who can afford to give the least are generally the ones who give the most. According to a recent Mint survey on giving, those who earn less than $20,000 become twice as charitable as those who earn $100,000, even though they donate one fourth as much. Other findings included: Americans give $300 billion to charities each year. There are 973,354 public charities in the US who collect more than $1.3 trillion dollars – more than the US government collects in taxes! The wealthiest 10 percent of Americans account for 25 percent of the amount of money received by charities. When calculated as a percentage of income, the poorest people become the most charitable. Conservatives are more likely to give than Liberals. Religious people give more to secular causes than secular people do. So the bottom line is that Americans give more to charities every year than the government collects total in taxes! So if we got rid of most wasteful taxes other than what is used for infrastructure and our military, we would probably have far more money helping Americans who need it. And secondly, Conservatives and Religious people give more than Liberals and non religious people.
Posted on: Mon, 23 Sep 2013 14:30:19 +0000
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