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US charities fear big drop in donations from middle classes

The Salvation Army has 23,000 red kettles set up across the US with bell ringers asking for spare change during the holidays. Those bring in about US$150 million each year.


MANY US charities are worried that the tax overhaul bill signed by US President Donald Trump last Friday could spur a landmark shift in philanthropy, speeding along the decline of middle-class donors and transforming charitable gift-giving into a pursuit largely left to the...

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