Religious income gaps greater than racial income gaps.

New York Times: Religious income gaps greater than racial income gaps.

Graph from New York Times

According to the New York Times, Reform Jews and Hindus are dramatically more likely to have household incomes over $75k than members of other religions. This gap is far greater than the income gap between racial groups. Conservative Jews and Anglicans are also very high.

Obviously there are reasons for this, some of which are pretty controversial. The Hindu gap is easy to nail down. Most Indians who have come to the United States are from the top performers of a nation of over one billion. The Federal government then gives them taxpayer backed business loans to buy motels, gas stations, etc. Regular US citizens do not have access to this money. They also pay no Federal taxes for the first five years. Often the ownership of their business is transferred to a relative at the end of the five years.

When you have the best and the brightest of a nation of over one billion, and then give them dramatic special financial benefits not afforded to the native born, it is easy to see why Hindus are at the top. Buddhists are performing above average for the same reason.

The data highlights just how bad native born Americans are being screwed by the massive giveaway to immigrants through taxpayer backed immigrant small business loans.

Nailing down the reasons for the high incomes of Jews is more complicated. However, the fact that Ashkenazi (German) Jews have been a merchant class for at least 1,000 years is undoubtedly the leading factor.

At the bottom of the list is Jehovah’s Witnesses, Pentecostals, and Baptists. All three of these denominations have a large percentage of black followers, as well as poorer rural whites.

The New York Times seems to suggest in their article that Jews and Hindus have become a privileged class with unfair advantages. Read Article from New York Times.

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