myiW Current Conditions and Forecasts Community Forums Windsurfing Videos Buy and Sell Services
 
Hi guest · myAccount · Log in
 SearchSearch   ProfileProfile   Log in to check your private messagesLog in to check your private messages   RegisterRegister 
Charitable giving
Goto page 1, 2, 3, 4, 5, 6  Next
 
Post new topic   Reply to topic    iWindsurf Community Forum Index -> Politics, Off-Topic, Opinions
View previous topic :: View next topic  
Author Message
mac



Joined: 07 Mar 1999
Posts: 5123

PostPosted: Mon Dec 06, 2010 1:16 pm    Post subject: Charitable giving Reply with quote

Isobars is fond of claiming that conservatives give more than liberals. I've always suspected that this is heavily biased by religious donation, if even true. But guess what, someone keeps statistics. You can find the recent trends here: http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NDAzMzE0fENoaWxkSUQ9NDExNTE2fFR5cGU9MQ==&t=1

Data is compiled and analyzed by Bank of American and Merrill Lynch, and is critical to the marketing of charity solicitations. I read about this in an article by David Nasaw, but was compelled to review the original source to see what could be gleaned. Nasaw definitely had a bias, arguing that the well-to-do only gave 3.4% of their income, and garnered a tax deduction for about 1/3. Thus, charitable deductions come about, in substantial part (up to 35%) by reducing tax revenues. With that apparently on the table with the recommendations of the deficit reduction panel, it makes sense to examine the evidence.

First, 63% of all giving is to religious organizations. The percentage given to religious organizations is much higher at lower income levels. I'm fine with that unless they turn that money around into partisan politics--as the religious right has. That's why I contribute to organizations that protect the separation of church and state.

Second, the pattern of giving by the well to do is somewhat different than Nasaw argues. While the median contribution is just 3.4%, the
Quote:
average
contribution by those making over $2 million a year was 8.7% in 2009, roughly half of what it was in 2008. Clearly a smaller number of the very rich are strongly motivated to philanthropy.

Third, the pattern of giving by the well to do supports direct charity (things like Haiti relief), education (the Harvard scholarship fund), and cultural organizations--neither jazz nor classical music really pay for themselves.

Fourth, the priorities set by the well-to-do, and partially deductible, show an interesting set of priorities. Education comes first at 19.3% of giving. Religion is second, at 13.3%. Arts is next, at 7.5%, followed by Health (e.g. hospitals and cancer research) at 6%. Providing for basic needs for the poor and disaster relief comes in near the bottom at about 4.7%.

While I have no objections to people giving what they want to whomever they want, when tax deductions are involved, as they are for non-profits and religious organizations, I think it is useful to debate whether or not enough is going to the truly poor. If conservatives are willing to argue that the public should not pay for caring for the indigent and mentally ill, I think they have a responsibility to help establish a charity system that will do that. So I would like us to consider an end to tax deductibility for all donations that don't directly affect the poor and the mentally ill.

Interesting stuff.
Back to top
View user's profile Send private message
mat-ty



Joined: 07 Jul 2007
Posts: 1064

PostPosted: Tue Dec 07, 2010 12:01 pm    Post subject: Reply with quote

Do not forget the hospitals, schools, museums, librarys, recreation areas and more, the rich donate or build every year. Sport Charities like, PGA, NBA, NHL, NFL, ETC , raise huge amounts of money for the poor.
Back to top
View user's profile Send private message
mac



Joined: 07 Mar 1999
Posts: 5123

PostPosted: Tue Dec 07, 2010 1:01 pm    Post subject: Reply with quote

matty--if you read my post, or the underlying document, you would see that was all covered. I know you are used to getting your material from Fox news, but reading is, as they say, fundamental.
Back to top
View user's profile Send private message
mat-ty



Joined: 07 Jul 2007
Posts: 1064

PostPosted: Tue Dec 07, 2010 1:52 pm    Post subject: Reply with quote

Mac
Love fox news , and, ann coulter, savage, goldberg, ingram, malkin, will, krauthammer, ginrich, romney, buchanan, and many more.
I am sure you despise all of the above, because they expose the horseshit the liberal press tries to jam down Americas throat everyday, guess what! America has woke up, THANK GOD FOR FOX NEWS!!!!
Back to top
View user's profile Send private message
stevenbard



Joined: 11 Nov 1993
Posts: 4048

PostPosted: Tue Dec 07, 2010 5:02 pm    Post subject: Reply with quote

Funny how PREZ OBAMA BLAMES THE REPUBLICANS FOR THIS NEW TAX BILL, even though THEY STILL CONTROL BOTH HOUSES OF CONGRESS, and will continue to control the Senate.

He knows it's good for America, OR HE'S A WHORE......Which is it?
Back to top
View user's profile Send private message
swchandler



Joined: 08 Nov 1993
Posts: 5761

PostPosted: Tue Dec 07, 2010 5:26 pm    Post subject: Reply with quote

Come on Bard, you aren't so naive, are you? Although the Democrats have a majority in both the House and the Senate until the end of the month, they don't have the filibuster proof "60" votes needed in the Senate pass legislation. Without that, legislation goes nowhere if all the Republicans say "no". Without the filibuster option, the Republican minority would be toast.

Come January, the Republicans in the House will find out that a Senate filibuster will surely bedevil their new found majority and agenda.
Back to top
View user's profile Send private message
mat-ty



Joined: 07 Jul 2007
Posts: 1064

PostPosted: Tue Dec 07, 2010 5:43 pm    Post subject: Reply with quote

Oblama, thats his only option, Blame Bush for the world wide recession,
Blame Fox for his unpopularity, blame the rich, blame the right, you name it and he will blame it.
The man is a classless fool!!!
Back to top
View user's profile Send private message
boggsman1



Joined: 24 Jun 2002
Posts: 3512
Location: at a computer

PostPosted: Tue Dec 07, 2010 6:03 pm    Post subject: Reply with quote

mat-ty wrote:
Oblama, thats his only option, Blame Bush for the world wide recession,
Blame Fox for his unpopularity, blame the rich, blame the right, you name it and he will blame it.
The man is a classless fool!!!

Obama chose to go this route today. He didnt have to. He did exactly as the Repubs wanted him to , and then some. matty-you should be thrilled cap gains, payroll tax, top brackets, estate, you win on all counts, you should be elated, but you're not, so it looks as if your an Obama hater no matter what. This is exactly the way it went in 1994-1995 with Clinton. he passed NAFTA, WELFARE Reform, and balanced the budget, yet Rethugs were still pissed off at him. There is no pleasing Rethugs, ever.
Back to top
View user's profile Send private message
stevenbard



Joined: 11 Nov 1993
Posts: 4048

PostPosted: Tue Dec 07, 2010 6:34 pm    Post subject: Reply with quote

swchandler wrote:
Come on Bard, you aren't so naive, are you? Although the Democrats have a majority in both the House and the Senate until the end of the month, they don't have the filibuster proof "60" votes needed in the Senate pass legislation. Without that, legislation goes nowhere if all the Republicans say "no". Without the filibuster option, the Republican minority would be toast.

Come January, the Republicans in the House will find out that a Senate filibuster will surely bedevil their new found majority and agenda.


Same argument holds true when Bush was Prez. Dems controlled everything in 07/08, but he still screwed things up....

Both whores, but Obama has reached new heights of whoring.
Back to top
View user's profile Send private message
mat-ty



Joined: 07 Jul 2007
Posts: 1064

PostPosted: Tue Dec 07, 2010 6:48 pm    Post subject: Reply with quote

Don't forget the independents, and the far far left, they hate the moron also. Look no further than ya boy Oblama for true hatred, no one has ever divided this country more!!! AND THAT WAS HIS CHOICE ALSO!!
The man attacks anyone that does not agree with him, from supreme court judges, senators, fox , the people, you name it. Sorry but you picked this dog , so now you have to lie with him.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    iWindsurf Community Forum Index -> Politics, Off-Topic, Opinions All times are GMT - 5 Hours
Goto page 1, 2, 3, 4, 5, 6  Next
Page 1 of 6

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You cannot download files in this forum

myiW | Weather | Community | Membership | Support | Log in
like us on facebook
© Copyright 1999-2007 WeatherFlow, Inc Contact Us Ad Marketplace

Powered by phpBB © 2001, 2005 phpBB Group