Wait, I thought that we weren't allowed to tax the wealthy more because they donate more, and those rich CEOs create more jobs when they have more? Trickle-down economics?
Perhaps, because of all the talk about taxing them more, they are giving less voluntarily because they don't know for sure how much they will be forced to donate?
Just wondering, 'cause I am sure NOT in that category!
Experience enables you to recognize a mistake when you make it again - Jeanne Pincha-Tulley
Comprehensive is Latin for there is lots of bad stuff in it - Trey Gowdy
I wouldn't doubt that that is the justification they use, but, reality? We haven't come close to taxing them at the rates they were in the 50s, and there's NO way that kind of rate could be imposed these days with the strength of the corporate lobbyists at work in DC. At least, not without a war that the entire country is behind - that takes being attacked on our own soil...wait...that already happened, and we still didn't go there.
I think there's something else afoot here...
We'll hold this line until Hell freezes over --Then we'll hold it on ice skates.-Anonymous picket sign
Couldn’t, wouldn’t, mustn’t, shouldn’t – these are the laments of the spineless. –Bette Davis
Feminist. We Just Call Out Bulls**t Where We See It.
All I see in that article are percentages representing the changes in donations. It doesn't say anything about whether those changes mean that the lower incomes are currently giving as large a percentage of their total income as the higher incomes.
Basically, it's all about lies, damn lies and statistics. Worthless without any overall context.
"Whatever you are, be a good one." ~ Abraham Lincoln
People in red, low-tax states donate a higher percentage of their income to charities. They get to choose and decide where their money is best spent.
People in blue, high tax, and normally higher income states, are forced to give more of their income and the state gets to decide where it is spent.
Maybe that is why the rich in blue states give less to charity? They have already given at the office, to the state, city, county, etc. Instead of them giving to United Way, they assume their money will be spent helping the homeless by building overpriced apartments combined with kicbacks to the Mayor's friends in the construction industry.
Thomas Sowell: There are no solutions, just trade-offs.
