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And virtually every other non-profit org should also pay taxes, including churches. This is not just a federal income tax thing. The variety of local property t
by jeffbee 3y ago
And virtually every other non-profit org should also pay taxes, including churches. This is not just a federal income tax thing. The variety of local property tax abatements for supposed community benefit organizations is incredible.
- Zigurd 3y agoI'm not an expert on the rules for charities, but there are rules that specify some ratios for genuine charitable spending, overhead, management pay, and rules re nondiscrimination, etc. As long as these regulations are strict enough to prevent gross abuse, requiring nonprofit orgs that accumulate endowments to adhere to those rules should be sufficient. But evidently those rules and the way they are enforced are not preventing gross abuses. More transparency about nonprofit finances would help guide reform. And that should include religious orgs.
- forinti 3y agoThere's a huge golf course in my neighbourhood that doesn't pay property taxes, but they can't build on the land. If they had to pay property taxes, the land would probably be parceled and built upon. I don't like it that rich people don't have to pay taxes on their little game, but I think the neighbourhood is better off with this green area.
- lupire 3y agoIt would be even better if the city claimed eminent domain to create a public park.