Wealthy people are the most likely to give "spiteful gifts"

Finder reports that Americans waste $13 billion every year buying gifts that the recipients don't want. The most interesting part of the report was the section about "spiteful gifts," that is gifts that the giver knows the recipient will dislike:

Interestingly, we found that 15% of Americans roughly 38 million people have deliberately bought a present knowing their recipient wouldnt like it. Men are about four times more likely than women to intentionally gift a bad present, with 25% of men surveyed saying theyd done it in the past, versus about 6% of women.

Of the generations, Gen Xers are most likely to knowingly give bad gifts, with 22% admitting theyve done so. Thats only slightly higher than the rate for Gen Y (18%) but 11 times higher than the rate for boomers (2%).

Those with money to burn people earning $100,000 to $150,000 are most likely to buy spiteful presents, with 28% saying theyd done so. Thats almost three times higher than those earning between $50,000 and $75,000 (11%) and almost five times higher than those earning between $25,000 and $50,000 (6%).