America is the Most Generous Country
It’s the season for giving. How generous are we in America?
I’ve seen it reported many times that America is one of the most giving countries when it comes to charity. Let’s consider this for a moment and see if it makes any sense.
There are lots of ways to give to “charity” including religious giving, giving to non-profit organizations, giving of one’s time, skills, and services.
What’s more, how much of your religious or non-profit giving actually makes it to provide actual services for the cause?
We measure our non-profits by the percentage of money actually spent on the cause. In a capitalist economy, this is backwards. The thing that matters the most is how well the money is spent. If you donate $100 and the non-profit uses that to advertise and brings in $1,000,000 then that’s a whole lot better than giving $100 to the cause. So, spending 0% on feeding the poor is in most cases better than spending 100%.
But, why is this true? Why do charities have to advertise? Why do they have to spend money advertising? In a truly giving society, they wouldn’t.
In fact, if America was truly the biggest giver to charity, there would be no need for non-profits as we would collect money for the poor in our taxes.
Another thing to consider is how your charity dollars are actually being spent. If you’re giving money to a billionaire televangelist or a church with multi-million dollar facilities, then you’re not really giving any money to charity. You’re being a putz.
So, let’s compare America to the countries that actually give more to the cause. In America, we spend a small fraction of our income on charity. Sure, you might give 5% or 10% to your church, but the billionaires give zero percent, on average. So, let’s average that out. The middle class and the poor make 10% of the increase in GDP and they pay 5-10%. That’s a total of a whopping 1% on average per person. Not too charitable if you ask me. And, of that 1%, how much has to go into advertising, marketing, building million-dollar churches an making the televangelist rich?
On the other hand, countries that take care of their people pay 50% in taxes and the majority of it goes to the people.
What a difference, don’t you think? 1% compared to 50%. But, of course, we don’t consider these other countries to be giving to charity. How blinded can we Americans be?
It’s time we started putting our money and taxes, and demanding that the wealthy elite pay their fair share. We should go back to the 92% tax bracket we used to have on the billionaires.
This would help prevent the greedy, and unethical televangelists and avoid wasting your contribution dollars on marketing.
The best charity is a reasonable tax rate that takes care of the people.