Thomas Piketty and Wealth Taxation in America

Beliefs That White People Are Poor, Above and Beyond Beliefs That Black People Are Poor, Predict White (But Not Black) Americans’ Attitudes Toward Welfare Recipients and Policy

“…Consistent with this possibility, White-poor and Black-poor beliefs were positively correlated among both White and Black Americans in Study 1, but this correlation was much stronger among White Americans ( r = .52) than Black Americans ( r = .17). Likewise, analyses presented in our Supplemental Materials (Study 2) indicate that greater White-poor beliefs were associated with reduced acknowledgment of the vast racial economic inequality between White and Black Americans (Collins et al, 2019). In addition to these possible motivated origins, individual differences in White-poor beliefs may also stem from less motivated sources such as the observation of White poverty within one’s childhood neighborhood.…”

Perceptions of Falling Behind “Most White People”: Within-Group Status Comparisons Predict Fewer Positive Emotions and Worse Health Over Time Among White (but Not Black) Americans

“…Despite the fact that White Americans, on average, are economically better off relative to other racial and ethnic groups in the United States (Collins et al, 2019), White Americans report feeling worse off than people from other racial and ethnic groups (Cohen et al, 2017; Graham, 2017). Here we suggest that some White Americans may report low well-being despite high group-level status because many White Americans may feel as if they are not living up to the perceived high status of their racial group.…”

“…In the United States, the enduring legacy of slavery combined with ongoing anti-Black racism are among the causes of a widening wealth gap between White and Black families (Collins et al, 2019). Yet poor White Americans report feeling less optimistic for their financial future and worse off economically than poor Black or Latinx Americans report feeling (Cohen et al, 2017; Graham, 2017).…”

Community Diversity and Donor Control: An Empirical Analysis of Contributions to Donor-Advised Funds at Community Foundations

“…Based on data from 989 charitable sponsors between 2014 and 2018, the NPT (2019) reports that both contributions to DAFs (more than US$37 billion) and grants from DAFs (more than US$23 billion) in 2018 have almost doubled the amounts in 2014. Particularly, contributions to DAFs have grown much faster than other forms of individual giving (Collins et al, 2018).…”

“…The explosive growth of DAFs has generated increasing concerns and calls for more regulation (Andreoni, 2018; Colinvaux, 2017; Madoff, 2016). Although one recent empirical study finds that grantmaking from DAFs was less affected by the 2008 recession than other forms of individual charitable giving (Heist & Vance-McMullen, 2019), criticisms exist that DAFs warehouse the giving of elite donors due to the lack of mandated payout restrictions (Collins et al, 2018). Particularly, there are concerns that DAFs compromise the place-based identity of community foundations, pulling them into a more donor-focused, national model (Colinvaux, 2018).…”