Oh gosh, you're so generous. https://www.fool.com/retirement/2016/11/27/the-average-americans-charitable-donations-how-do.aspx |
| I do bookkeeping for various individuals around town and the ones with the most money are the cheapest when it comes to charitable giving. They also overvalue what their "volunteer" value is by a hundredfold. |
| FWIW, tax returns don't always tell the whole story. For example, we donated a six-figure sum to a charitable trust all in one year and then made gifts from that trust in subsequent years that did not appear on tax returns (because the deduction was already given when we put the money into the trust). So anyone who would have looked at our tax returns during the next few years might have thought us to be quite uncharitable, when in fact we were making multiple five-figure gifts each year. The %age evened out to 5% or 6% of income each year, but using the trust allowed us to take the deduction in a high income year and maximize the benefit. Point being, things are not always what they seem. |
And sometimes you are just a judgment a-hole. But hey, it's your karma, PP. |
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Why?
I think one thousand dollars is a good amount. |
| I'd like to know how you know that specific a detail of their financial life. Kind of creepy. |
Your use of that term sums up where you stand, how you think, what you read/listen, and your purpose of posting--Good luck trolling DCUM lol. I know someone who is alt-right, is a closeted homosexual/hires illegals to clean their house/had premarital sex and an abortion/is on welfare/is on obamacare. What do you think? |
I'll happily admit to being judgmental about hypocrisy. Not changing either. These "Liberal" armchair activists (and they are everywhere these days) irritate the living daylights out of me. On the other had, I have friends who work in non profits and out in the field helping people - one girl I know works with illegal immigrant children. While I am against illegal immigration, I have complete respect and good will for her. I also never see her posting anything negative or hateful. She lives her principles. The rest of you just like to virtue signal and high horse. |
Seriously. How did you fit this kind of detective work into your hectic charity-starting-new-mom schedule? Have you thought about ways you could use your time and energy more productively? We also have very wealthy relatives who give incredibly cheap gifts and disdain charitable giving. Interestingly, they are very conservative Republicans, and yet I have somehow managed not tar all Republicans with the same brush. Give it a try sometime. You may like more nuanced thinking once you get used to it. |
Those stats are pretty skewed--most people with lower incomes don't itemize, so the only people in the lower brackets that they have charitable deduction information for are the people who have lots of deductions. If you look across all Americans with incomes <$25,000 or <$50,000, those percentages would be a lot lower. 5% of gross is higher than most of this chart, which is based on adjusted gross income and only for those reporting deductions. |
As opposed to being outright uncharitable., no pretense about it. Got it. |