< 1 min read
April 2, 2015
Columnist asks perennial question, "Do the poor give more than the rich?"; notes how studies show less wealthy give at higher ratio (and usually don't even get a tax deduction).
"Last week, Apple CEO Tim Cook announced that he will give his fortune to charity, joining the ranks of Bill Gates, Warren Buffett, Mark Zuckerberg, and other uber rich benefactors. It seems like the wealthy are, admirably, giving away their fortunes left and right to good causes. Judging by the number of university buildings and institutions that bear names like Rockefeller and Carnegie, it might seem like charity relies on the generosity of the super rich. But that's not the case." -- Lane Anderson, the Deseret News