Investor Mindset
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago on . Most recent reply
Rich Americans less Charitable than even the Poor; 35% Americans on Welfare??
http://www.forbes.com/sites/katiasavchuk/2014/10/0...
"
"Wealthy Americans Are Giving Less Of Their Incomes To Charity, While Poor Are Donating More""Unlike their wealthier counterparts, low- and middle-income Americans — those who made less than $100,000 — gave 5% more in 2012 than in 2006, the Chronicle found. The poorest Americans — those who took home $25,000 or less — increased their giving by nearly 17%."
rich getting rich while poor getting poorer.
http://www.cnsnews.com/commentary/terence-p-jeffre...
"The 35.4 Percent: 109,631,000 on Welfare"109,631,000 Americans lived in households that received benefits from one or more federally funded "means-tested programs" — also known as welfare — as of the fourth quarter of 2012, according to data released Tuesday by the Census Bureau.
hmm that is from almost 3 years ago.. which makes me wonder what is the current 'welfare' rate these days... and why and to what end?!
Most Popular Reply
Originally posted by @Account Closed:
rich getting rich while poor getting poorer.
It's not too surprising to me that human beings respond this way to 6 years of constant attacks by the current administration and 6 years of the promotion of class warfare and driving wedges into our society creating and reinforcing a us and them mentality.
Being made the scape goat, being made a target both socially and financially, all the while writing bigger and bigger checks to the government every year could actually extinguish some charitable desires.
This to me is just a natural end result and more evidence that the current administration continually lacks any ability to connect the dots and understand simple cause and effect.