America's poor are its most generous donors

The poor share a greater percentage of their income with others than the rich do. Maybe that's because they tend to be more religious and empathetic, and are more likely to rub shoulders with others in need.

When Jody Richards saw a homeless man begging outside a downtown McDonald's recently, he bought the man a cheeseburger. There's nothing unusual about that, except that Richards is homeless, too, and the 99-cent cheeseburger was an outsize chunk of the $9.50 he'd earned that day panhandling.

The generosity of poor people isn't so much rare as rarely noticed, however. Full Story »

Posted by Dwight Rousu
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Subjects: Living, Business, U.S.
Topics: Money, Taxes
Member Tags: Philantropy, The Poor, charity
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Posted by: Posted by Dwight Rousu - May 23, 2009 - 7:42 AM PDT
Content Type: Article
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Edited by: Dwight Rousu - May 23, 2009 - 7:42 AM PDT

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2.0
by Vincent Caminiti - May. 23, 2009

Certainly from a point of sentiment and my personal observation - the overall premise of this story is true. However, this article fails miserable in making the very easy case. Out of the gate the writer gives a fair warning that they are going to provide a weak argument for a good case - by describing the proceeds of panhandling as earnings. The writer uses anecdotes that (possibly after massive editing) seem almost inane. The article begins with the cheeseburger anecdote and ... More »

One of the worst things a great point can suffer is a poor argument.

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4.4
by Dwight Rousu - May. 23, 2009

This is an interesting and well researched story of social values across the income spectrum, using data from the Bureau of Labor Statistics. It combines statistics and anecdotal stories. Informative . I would have liked a link to the data itself. (The BLS says they track neither poverty or income.) The submitted reader comments are interesting, indicating disbelief and dissing the poor as leeches on society. Perhaps many of the rich are the leeches.

Is it time for those earning more than $20K per year to start tithing, ... to NewsTrust? ;-)

What makes poor people’s generosity even more impressive is that their giving generally isn’t tax deductible, because they don’t earn enough to itemize ... More »

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4.8
by Lynn R. Willis - May. 23, 2009

This is good quality journalism. It is concise, incisive, to-the-point, and informative. More importantly, it kept this reader reading to the conclusion.

This isn't about panhandling homeless folks. It's about a people's willingness to share what they have with folks who don't have as much -- or have ... More »

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2.0
by Norman Rogers - May. 24, 2009

Superficial. There really are no real statistics on this.

The intent is to romanticize the poor and demonize the rich. It just isn't so. I've given large sums to help people that were not deductible. It ... More »

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4.8
by stumpy darwin - May. 23, 2009

Been there, done that.

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