Since many people claim that Obama would be a more secular president, can we assume that tax exemption for wealthy institutions like religion will finally go out the window? What are your thoughts on this "special treatment?"
*************Since many people claim that Obama would be a more secular president, can we assume that tax exemption for wealthy institutions like religion will finally go out the window? What are your thoughts on this "special treatment?"
Since many people claim that Obama would be a more secular president, can we assume that tax exemption for wealthy institutions like religion will finally go out the window? What are your thoughts on this "special treatment?"
But the should pay taxes on all funds used to advance political causes or in support of political causes.
Not really. Generally when a non-profit group spends money on lobbying etc, it only causes the money that they spent specifically on the lobbying to become taxable. So if a church made $1 million and spent $100k on lobbying, $900k of their income would still be tax-exempt. It's possible for a non-profit group to loose its tax exempt status entirely if it spends more than a certain fraction of its budget on lobbying for more than a specified period of time, but usually non-profits are careful not to go over the line.It is already forbidden. Being politically active, lobbying, endorsing candidates, etc, are all explicit causes that can get a religious institution's tax-exempt status revoked. If you know of any religious institution doing this, report them to the IRS.
Sadly, only the money that you spend on things directly related to your activities as a minister will be tax exempt.Hey everyone, you too can become a minister and have tax exempt status...
Sadly, only the money that you spend on things directly related to your activities as a minister will be tax exempt.
It all comes down to whether or not you can convince the IRS or a federal judge of that.But my home, car and everything else I own would be used to reach out to online congregation.
It is already forbidden. Being politically active, lobbying, endorsing candidates, etc, are all explicit causes that can get a religious institution's tax-exempt status revoked.
The real question each of us should be asking ourselves not how to get the government to stop exempting institutions from taxes. We should be asking how we can legally structure ourselves as a businesses to qualify for tax exemption so that we never have to pay taxes to our oppressors again.
A religious org. should not be tax exempt. I don't know if it is a problem separating religious organizations out from non-profits that can also get tax exempt status, but whatever criteria an NPO must fulfil shoul d be fulfilled by any religious org that wants tax free status.Since many people claim that Obama would be a more secular president, can we assume that tax exemption for wealthy institutions like religion will finally go out the window? What are your thoughts on this "special treatment?"
good point!Offering tax emempt status is the magic elixir for attracting the con artist.
*************Offering tax emempt status is the magic elixir for attracting the con artist.