Tuesday, December 21, 2010

BRITS DO LESSER CHARITY WHEN COMPARED WITH AMERICANS

When it comes to charity the brits are lagging far behind the Americans. This does come as a surprise considering the fact that Britain has had a glorious history when it comes to doing charity selflessly. On averagem brits give away about £6 a month in charity. While when it comes to the Americans the amount given to charity per head is £37.

This is also true of rich British citizens who give away much less when compared with the US millionaires. Rich Americans, who earn in the range of £150,000, donate a solid eight times more to charity while comparing this with the British counterparts who don’t give enough.

The counter explanation given by the brits to this is simple that the British population pays about forty percent of their incomes in tax. As far as the Americans are concerned, they give away only about thirty percent of their earnings in income tax.

But then one may not deny the fact that the enthusiasm is somewhere lost as far as doing a selfless and heartfelt charity is concerned. As a saving grace though, when looking at the American billionaires, right from Bill Gates to Rupert Murdoch, Ted Turner to even young Facebook Czar who is all of twenty five, are all going to give away more than half of their earnings in charity.

Mark Zuckerbnerg, the Facebook founder feels people needs to do more rather then wait for another time to do charity. He doesn’t believe in growing older and more stable to be the right time to do charity.

Why not do it now when you can he asks?
57 of America’s richest people have taken the oath that they will give in fifty percent and over of their assets to charity. This also includes director George Lucas and New York mayor Michael Bloomberg among others.

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The FLIP project encourages local students to become involved in communal & charitable giving in Gibraltar. Visit http://www.flip.gi for more information.

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