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In reply to the discussion: Tax the damn churches already! [View all]Marius25
(3,213 posts)35. None of this makes any sense.
Profit simply means taking in more money than you spend in expenses. It has nothing to do with shareholders unless it's a publicly traded company, which churches are not.
Twitter is worth about $15 billion right now, and it has zero shareholders. Are you saying Twitter shouldn't be taxed? That's ridiculous.
It's still a fact that big churches take in astronomical amounts of profit compared to their expenses and they should be taxed on what they take in.
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The one thing standing between us and totalitarianism is the Johnson Amendment.
Initech
Jun 2023
#24
Absolutely. F**Kers want to play in politics and interfere in governments etc.
scarletlib
Jun 2023
#8
The cognitive dissonance will be intense here once the black churches start screaming if this
Celerity
Jun 2023
#9
Yank the exemptions from the pastors too. Look at this church in my home town. I really
brewens
Jun 2023
#13
A visit to the Vatican will give an idea of the asset wealth - why not donate all thet?
BSdetect
Jun 2023
#15