Trickle-Down Charity

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The Giving USA foundation just released a report showing that needs created by the tsunami, Katrina, and Pakistani earthquake disasters pushed charitable giving in 2005 up 6.1% over the previous year. The report shows that there would have been a year-to-year increase of gifts from individuals and corporations even without the disasters. It also notes that charitable giving has steadily tracked increases in national wealth as measured by GDP. So attacks on wealth turn out to be attacks on charitable giving? A bit ironic.

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