U.S. religious organizations are now costing taxpayers $71 billions a year

US religious organizations are now costing taxpayers 71 billions a yearstudy by the Secular Policy Institute revealed that US churches, mosques, synagogues (and all other tax exempt religious organizations) are costing tax payers heavily, and that may be an understatement.

Collectively, they are taking $71 billion in tax credits from the US tax payer.

It breaks down as follows:

$35.3 billions in federal income tax subsidies

$26.2 billion in property tax credits

$6.1 billion in state income tax credits

$1.2 billion of parsonage

$2.2 billion in faith-based initiative subsidies.

According to the Institute, “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.

The report estimates for the total subsides enjoyed by religious organizations, but they do not account for tax credits like sales taxes, local sales and income taxes volunteer labor subsidy, and donor-tax exemptions.

The study goes on to report:

“The Mormon Church, for example, spends roughly .7% of its annual income on charity.

Their study of 271 congregations found an average of 71% of revenues going to ‘operating expenses’…

Compare this to the American Red Cross, which uses 92.1% of revenues for physical assistance and just 7.9% on operating expenses.”

It stands to reason that, as a charitable organization, they could be entitled to the same exemptions but must be held to the same standards. Throwing huge chunks of millions into a pastor’s home is not right.

Sourceminds

Find us here

Get news from the CSGLOBE in your inbox each weekday morning

The views and opinions expressed in this article are those of the authors/source and do not necessarily reflect the position of CSGLOBE or its staff.

Paid content

Racial wounds rip open under a president with a history of exploiting them

President Donald Trump has spent much of his adult life building his brand around racial divisions.

China Is Turning The Rainforest Into Cheap Furniture For The U.S.

Driven by American demand for cheap furniture, China has become the greatest importer of illegal timber. The...

14 African Countries Who Still Pay Colonial Tax To France

80% of the 10 countries with the lowest literacy rates in the WORLD among adults are in francophone Africa. Namely: Benin (40%), Burkina Faso (26%),...

What's New Today

Georgia House Votes To Allow Citizens To Abolish Police Departments In The State

The Georgia House backed an effort on Friday to dissolve the Glynn County Police Department and any...

Leaked CDC document contradicts Pence claim that U.S. coronavirus cases ‘have stabilized’

Even as Vice President Mike Pence wrote in a Wall Street Journal op-ed published Tuesday that coronavirus...

Five bombshells about Trump from Bolton ‘s book

Excerpts from former national security adviser John Bolton ’s book about his time in the Trump administration...

Don’t Listen to Fox. Here’s What’s Really Going On in Seattle’s Protest Zone.

It seems I live in a city undergoing a “totalitarian takeover” that will lead to “fascist outcomes”...

MOST READ

What Is Agenda 21? Depopulation of 95% of the World By 2030

Most people are unaware that one of the greatest threats to their freedom may be a United Nations program which plans to depopulate 95%...

Don’t Listen to Fox. Here’s What’s Really Going On in Seattle’s Protest Zone.

It seems I live in a city undergoing a “totalitarian takeover” that will lead to “fascist outcomes”...

Five bombshells about Trump from Bolton ‘s book

Excerpts from former national security adviser John Bolton ’s book about his time in the Trump administration...

Racial wounds rip open under a president with a history of exploiting them

President Donald Trump has spent much of his adult life building his brand around racial divisions.

10 Reasons Why We Don’t Need GM Foods

Genetically modified (GM) foods are often promoted as a way to feed the world. But this is little short of a confidence trick. Far...

Hillary Clinton Begs Forgiveness From Rothschilds In Leaked Email

Though the influence of money in politics is well-known, many people are amazed to learn that most of that money comes from a very...

World’s Saddest Polar Bear – Dies After 22 Years In Concrete Cage

On July 3, 2016, a polar bear named Arturo died in Argentina due to “complications from old age.” Located at the Mendoza Zoological Park in...

Greenland Is Literally Cracking Apart and Flooding the World

Visit Greenland on the right summer day, and you could see a 12-billion-gallon lake disappear before your very eyes. Glaciologists saw this happen for the first time...

Rhino Poachers In South Africa Set Terrible New Record

Rhino Poachers in South Africa reached a milestone in 2013 when they killed more than 1,000 rhinos for their horns. The harrowing benchmark is a...

NSA has been trying to break through online anonymity

Latest secret documents provided by Edward Snowden and published by Guardian show that NSA has been trying to break through online anonymity provided by...

6 Ways To Detox Fluoride – A Known Neurotoxin – From Your Body

Sodium fluoride is classified as a neurotoxin - in the same category as arsenic, lead, and mercury, but it’s still prevalent in the United...