When people donate to religious groups, its tax-deductible. Churches dont pay property taxes on their land or buildings. When they buy stuff, they dont pay sales taxes. When they sell stuff at a profit, they dont pay capital gains tax. If they spend less than they take in, they dont pay corporate income taxes. Priests, ministers, rabbis and the like get parsonage exemptions that let them deduct mortgage payments, rent and other living expenses when theyre doing their income taxes. They also are the only group allowed to opt out of Social Security taxes (and benefits).
Posted on: Thu, 25 Dec 2014 21:01:06 +0000
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