3 ms·

Found this but the ranking is from 2016. https://en.wikipedia.org/wiki/List_of_countries_by_charitable_donation_as_percentage_of_GDP https://en.wikipedia.org/w

• csomar 2y ago
  That's a horrible metric since charity is used as a tax dodging mechanism in the US, while other countries (non OECD ones) do not have this mechanism.
  • nradov 2y ago
    It's bizarre to describe charitable donations as tax dodging. Every country should make such donations tax deductible.
    • Ekaros 2y ago
      Why? Wouldn't truly generous people even donate clothes from their backs. And sell their homes to help others? They would not need tax deduction for those either.
  • nemo44x 2y ago
    You will spend less money just paying taxes than donating money are writing off your top end. For instance if I have $100 and the government wants 40% of it then I could give them $40. Or I could donate, lets say $15 and now I owe 40% on $85 which is $34. Add the $15 I donated and it's $49. Plus there are limits on how much you can deduct and it's less for assets than for cash. Lastly we have a thing called Alternitive Minimum Tax what is a catchall for anyone that thinks they can pay less by adjusting their income down. You need to calculate both taxes and you pay the higher one.