Skip to content
Investor Mindset
Account Closed
  • Homeowner
  • Signal Hill, CA
70
Votes |
521
Posts

Rich Americans less Charitable than even the Poor; 35% Americans on Welfare??

Account Closed
  • Homeowner
  • Signal Hill, CA
Posted Feb 28 2015, 20:22

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?!

Loading replies...