Churches would pay the FairTax on all their purchases that weren’t for resale. Kotlikoff estimated that non-profits, including churches, would have paid ~$36 billion in FairTax last year. A church could pay taxes now and speak about whatever they wanted.
Churches would pay the FairTax on all their purchases that weren’t for resale. Kotlikoff estimated that non-profits, including churches, would have paid ~$36 billion in FairTax last year. A church could pay taxes now and speak about whatever they wanted.
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Sure they could renounce their tax exempt status and be free (This is a freedom issue) today ... but then they would be paying Income Tax... Did Kotlikoff also state that the same $36B is paid TODAY by non-profits in the embedded taxes on the purchases they make?? If not he is distorting the argument by discounting the current (hidden) taxation...
I am amazed at the lengths people will go in an attempt to retain the yoke and whip of the Income Tax.