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Reply to "So, anyone in the 47%?"
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[quote=Anonymous]Charitable giving is not enough by any stretch. The total for everything is about $290 billion. 1/3 of that is religious, and most of that goes to support the operating cost of local churches. #2 is education and most of that is foundations of large universities and private high schools. So when you whittle away at charitable giving, an incredibly small amount actually goes to the poor. And that's why religious organizations end up providing a large percentage of their services with federal funds. If taxes were lowered, I am extremely doubtful that the money would go dollar for dollar back to private charities. I do not think we have seen upticks in charitable giving during any tax cuts. My conclusion from all of this is that charitable giving is insufficient to meet reasonable social goals on poverty and health.[/quote]
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