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I don't think the evidence you've presented tells us very much as to whether or not this is indeed the case, but I find the graph surprising. I would have expected that as people's incomes grew, the percentage of their income devoted to charity would increase as well. Instead they donate the same amount as always, and spend the rest on themselves. Indeed, there appears to be little correlation between income and donations as demonstrated by the below graph. This lowers my opinion of people.

Do you know how the data for this graph was obtained? I wonder if the trend I see in this graph (middle income group donates the lowest fraction of its income) is real.
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