Thursday, December 11, 2008

Today in Investor's Business Daily stock analysis and business news

Today in Investor's Business Daily stock analysis and business news: "We do know some things, however. We know, for example, that high-income individuals, those who probably have lost the most in the stock-market meltdown and stand to lose even more if Washington increases taxes on 'the rich,' are the very people who typically give the most to charity.

The Generous Rich

A 2006 Bank of America survey found that high-net-worth individuals with incomes exceeding $200,000 per year or assets in excess of $1 million are responsible for nearly two-thirds of all charitable giving."

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