Despite Government Theft, Americans Still Give Generously

Posted By: J.J. Jackson* on July 1, 2007

Filed Under Good Deeds / Good Men, Taxes and Taxation

Despite being fleeced by the federal government for billions of dollars for unconstitutional federal programs, Americans still found enough left over to dig deep.

NEW YORK — Americans gave nearly $300 billion to charitable causes last year, setting a new record and besting the 2005 total that had been boosted by a surge in aid to victims of hurricanes Katrina, Rita and Wilma and the Asian tsunami.Donors contributed an estimated $295.02 billion in 2006, a 1 percent increase when adjusted for inflation, up from $283.05 billion in 2005. Excluding donations for disaster relief, the total rose 3.2 percent, inflation-adjusted, according to an annual report released Monday by the Giving USA Foundation at Indiana University’s Center on Philanthropy.

This is of course on top of the estimated $586 billion for Social Security, and $395 billion for Medicare and a TOTAL of $1.6 trillion dollars of unconstitutionally enforced “charity” collected at gun point each year.

Could you just imagine how much more vibrant our economy would be if that $1.6 trillion was actually in the marketplace and being spent? Imagine how many jobs would be created fulfilling the needs of everyone spending, saving and investing that money? Then imagine how many government bureaucrats and leaches on society would be out of “job”.

Contributor's website: http://www.libertyreborn.com

Similar posts:

*Content posted by a user may not be completely written by that user. Content from another source is cited in either block quotes, with quotes or with a link to the original material. Content from other sites is posted for commentary and news purposes under fair use. Each user is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or it's owner.