The Logical Leftist
@logicallyleftist·273K subscribers·15.5K videos
Study: Tax exempt Churches cost us $71 Billion
Posted
December 23, 2015
Views
6,170
Likes
112
Comments
65
Engagement
2.87%
December 23, 2015
6,170
112
65
2.87%
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"A new study has found that churches in the United States are ripping off the American people for a whopping $71 billion in tax breaks.
According to the Secular Policy Institute, which conducted the study, “If religious organizations (ie. churches, synagogues, mosques, etc.) were taxed like for-profit agencies, it was found that this could generate upwards of $71 billion per year in tax revenue. Even if churches were merely held to the standards of other non-profit agencies, this could generate $16.75 billion in tax revenue per year.”
Churches annually receive $35.3 billion in federal income tax subsidies, $6.1 billion in state income tax subsidies, $26.2 billion in property tax subsidies, $41 million in investment tax subsidies, $1.2 billion in parsonage subsidies and $2.2 billion in faith-based initiatives subsidies."
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