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To be fair, you were using the net worth of the church as a supporting argument for taxing its income, and the reply pointed out that much of their net worth is
by khafra 16y ago
To be fair, you were using the net worth of the church as a supporting argument for taxing its income, and the reply pointed out that much of their net worth is extraordinarly illiquid and uncorrelated with their income.
Limos and $30K hats certainly don't sound like priceless historic artifacts, though.
- StavrosK 16y agoIt was actually a poor segue, I meant for the two points to be unrelated, I googled a bit and found the link to the article and thought I'd posted it, as it shows that the church's argument that they're poor is false. I should have better clarified the wording, really... Bear in mind that they rent much of the property to others and generate quite a bit of income that way. It's not just monasteries, they own whole blocks of buildings in Athens, Thessaloniki and other cities (I have no citation for that, sadly).