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Posted by: Gheco ( )
Date: December 17, 2019 03:27PM
Churches should be taxed like any other business

Unlikely to happen in today’s polarized political circus.

At the very least, legislation should happen requiring absolute transparency of all financial documents of tax exempt churches for public scrutiny.

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Posted by: EXON46 ( )
Date: December 17, 2019 04:07PM
Re: Churches should be taxed like any other business

The public has the right to know where government funds go, in or out. If money is exchanged taxes should be collected. Give you a dollar you have to give the government a share of it.
They print it they own it, they should be able to collect a fee.
So I pay my sharks in chickens.

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Posted by: Dr. No ( )
Date: December 17, 2019 04:11PM
Full disclosure

They will, of course, be honest about it

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Posted by: macaRomney ( )
Date: December 17, 2019 05:58PM
Re: Churches should be taxed like any other business

There needs to be new legislation that demands that organizations in a tax exempt status either dissburse their funds
to charity within one year or make full disclosure to the public and pay taxes. In the mormon churches example, they
should be liable for $100,000,000,000 taxed at corporate rate of 30%.

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Posted by: [|] ( )
Date: December 17, 2019 06:17PM
Re: Churches should be taxed like any other business

The current corporate tax rate in the US is 21%.

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Posted by: Lot's Wife ( )
Date: December 17, 2019 06:24PM
Re: Churches should be taxed like any other business

And a lot of the EPA money would be long-term capital gains, not straight income.

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