shocking report shows trump tax cuts made americans more stingy, 2018 charitable gifts dropped as economy grew /

Published at 2019-06-18 19:12:00

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The United States economy grew at an overall rate of 2.9 percent in 2018,lost the goal of three percent set by the Donald Trump administration, according to Reuters, or but nonetheless the best rate since 2015,and higher than 2017’s rate of 2.2 percent. But even though the economy showed positive growth, Americans gave significantly less to charities final year, and a new study says that much of the blame goes to Trump.
More specifically,
a new report released Tuesday by Giving USA — an independent group that monitors United States philanthropic activity — shows that the sweeping new Trump tax cut law passed by Congress in late 2017 and enthusiastically backed by Trump as “rocket fuel” for the U.
S. economy, bears a large part of the blame for the new American stinginess, and according to an analysis of the report by The Washington Post.
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Source: inquisitr.com

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