(07-13-2012 08:13 PM)ImMoreAwesomeThanYou Wrote: I was kidding about the white house and I agree about televangelist's homes. If they live extravagantly they should be taxed on it. Problem is who decides what extravagant is? You? Me? IRS? Back to the class warfare argument and separation stuff. If government doesn't want preachers steering elections from the pulpit and they would and it would work they'll leave our tax status alone.
BY READING THIS POST YOU RECOGNIZE THAT IMATY IS THE LAST GREAT CRUSADER FOR TRUTH AND JUSTICE SO HELP YOU GOD.
First of all, church - state separation isn't stuff. Its part of our Constitution.
Here's how I would implement this rule.
1) Any housing allowance worth more than 2,000 per month should be taxed as regular income. Parsonages would have to calculate the free market rental income of the property and the pastor would have to pay income tax on the difference. Only one pastor should receive a parsonage allowance per church organization per local area.
2) Housing payments or pastor salaries (including immediate families) and consulting fees in excess of 20% of gross receipts will result in a 20% recapture tax being paid from the organization to the state.
3) A limit of 150,000 dollars per family should be paid in tax deductable income from tax deductable dollars. The same 20% recapture rule should be paid from the organization to the state from the organization.
4) A 33% recapture tax should be paid by charitable/non-profit organizations engaged in lobbying or political activity (including initiative campaign activity). The Unions would hate this.
5) All organizations claiming tax exemptions in excess of 10,000,000 per year must file the following disclosures... 1) A list of assets and liabilities...2) a detailed income statement showing all payments in excess of 50,000 per year to any entity and purpose (that would include payments to settle litigation). The Mormons, The Salvation Army, and the Catholic Church would hate that.
6) A prohibition of any one family entity being involved with more than one registered charity at any given time. Chain church pastors and rich people with multiple phony charities to pay for second homes in the Keys or artwork would hate that rule.
7) A requirement that charities/non-profits prove their worth to the community at large. This would be to stop rich people forming 'non-profits' for their own benefit. Property owned by non-profits/charities (and therefore exempt from parsonage treatment) must be employed in some public purpose.
8) Investments held by charities/non-profits should be subject to property tax. A charity owning a shopping mall should pay property taxes/municipal fees on the commercial portion of that property.
How's that for a start.