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To: autumnraine
Exactly. They got rich off of the business of the church and tax free I might add. How would you like to be rich enough to live in a literal mansion, private jets, numerous cars and not have to pay income tax? Sweet deal.

They pay income tax, as does every citizen with an income above a certain level.

The 501c(3) Religious tax exemption deals with the Church Corporation assets, not any of it's paid staff.

That's not to say that the Osteens don't have a bunch of accountants arranging for them to write off a large part of their income, but Mega-Church ministers are hardly unique in that behaviour.

44 posted on 08/06/2008 3:06:59 PM PDT by Calvinist_Dark_Lord ((I have come here to kick @$$ and chew bubblegum...and I'm all outta bubblegum! ~Roddy Piper))
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To: Calvinist_Dark_Lord

The jet-in church’s name.

The cars- in church’s name.

Etc...

Tax exempt.


45 posted on 08/06/2008 3:34:28 PM PDT by autumnraine
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To: Calvinist_Dark_Lord
They pay income tax, as does every citizen with an income above a certain level.

Not if they structure things right. The salary would be taxable at normal rates, but not the housing allowance, the car allowance, the library allowance. I'm not sure how the cell phone allowance is treated.

For many pastors, half to 2/3 of the compensation is not taxable as income. And they can opt out of Social Security taxes.

48 posted on 08/06/2008 8:23:50 PM PDT by PAR35
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