the middle-class is more charitable than the rich this is an interesting new
study by the chronicle of philanthropy which was released today
uh... it indicates that the middle class
is much more charitable than the wealthy according to the study
households that earn between fifty and seventy five thousand dollars per year
did seven point six percent
of their net income to charity on average now households earning
over a hundred thousand gave only four point two percent go up even further
when income broke two hundred thousand
the percentage given to charity dropped
to two-point eight percent now lou as you know what are you know why here
about this yes casually giving more money
two point eight percent
of two hundred and fifty thousand dollars is more than seven point six
percent a fifty thousand dollars a day continues to escalate as you go up
well okay but the point of people making donations that have been generous
it's not the utility or the number of dollars you gave but rather what is the
giving representative and in terms of their income
that's right that's the reality and particularly even you can even really
compare this with time
percentage two percentage forget about dollar for dollar
because the less you make though more of your income that goes to just needing
your basic needs so for somebody who makes fifty thousand dollars a year that
seven point six percent is money that realistically might go to the bargains
might go to sending the kid to college it cetera for someone who's very rich
even the two point eight percent or whatever it is is money that otherwise
isn't going to necessities it's going to luxury items that certain that yet
another layer is in at the time
that's true but i think we should go into the meter this which is you know
how much
on our religious donations factoring in
hughes the calculus of uh... what the reds the people recibo que let's do it
because there's another part of the study which says that i got emails from
conservatives say hold on a whole lot
the red states are more generous than the bullet states the eight states where
residents give the most share of their income
does work for mccain in l_a_
the seven lower ranking state what perot bob
it's misleading and here's waste misleading religious donations when you
look at this are considered charity as well so tides
collections church donations these are a huge portion of charitable donating in
in much of this country the more religious part of the country and the
study actually goes on to say when religious giving isn't counted
the geography essentially reverses the northeast states including new york for
example goes for member eighteen
to number two
pennsylvania goes from number forty to number four so don't get tripped up in
the red states are actually more generous a lot of these people are being
guilt that i mean let's be honest mitt romney's religion the mormon religion
says he sipped his pastu give ten percent of his of his earnings
and by the way that his church rather right
let's go to those tax returns and see if he's really doing that 'cause i'm not
convinced i wanna see those tax returns yet uh...
gerald donations to
religious organizations definitely need to be exempt from from all studies uh...
done like this absolute
revelations by started a religion he be twenty percent picked up
yeah and he goes to you personally course yeah
one top i started to religion
as you reap the benefits if you creative religion but people have to have cartoon
bobcat is
maybe preferred
of people on the on both a we're live on utube live right now and p a lot of
people asking whether louis uh... who has our needs and will boy
and whether willis is willing
i think it's showed up on the show so a lot of questions our producer lewis
we will deflect these questions and continue on with the show
okay on today's bonus your which by the way if you'd like louis
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it's not that much
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