According to Ken Stearn, the answer to the question is yes. According to his article published in The Atlantic, the top 20% wage earners in America give only 1.3% of their income to charity while the bottom 20% give 3.2%. Not only do America’s wealthiest give the lowest percentage of income to charity, they seldom give to poverty initiatives. Their gifts are more likely to be directed to private educational institutions, hospitals, et al. You can read the full article HERE.