Republican tax law hits churches

[J.E.D]

Oops! I guess Republicans had to pass the bill before they knew what was in it!



Republican tax law hits churches

Republicans have quietly imposed a new tax on churches, synagogues and other nonprofits, a little-noticed and surprising change that could cost some groups tens of thousands of dollars.


Their recent tax-code rewrite requires churches, hospitals, colleges, orchestras and other historically tax-exempt organizations to begin paying a 21 percent tax on some types of fringe benefits they provide their employees.

That could force thousands of groups that have long had little contact with the IRS to suddenly begin filing returns and paying taxes for the first time.

Many organizations are stunned to learn of the tax — part of a broader Republican effort to strip the code of tax breaks for employee benefits like parking and meals — and say it will be a significant financial and administrative burden.

It also means political peril for lawmakers, many of whom were surely unaware of the provision when they approved the tax plan. Churches’ tax-exempt status, in particular, has long been considered sacrosanct and Republicans are relying on the faithful to back them in the November elections.

 

[Penelope]

Good, the non profit think tanks should also be taxed.

 

[sparky]

 

[tyroneweaver]

Good, the non profit think tanks should also be taxed.

Well that leaves you out don’t it?

 

[Penelope]

Good, the non profit think tanks should also be taxed.

Well that leaves you out don’t it?

I'm not a think tank or a church, so I pay taxes.

 

[BULLDOG]

All I have to say about it is

 

[Ecocertifmrl]

Perhaps done on PURPOSE by Trump

He wants to be an oppressior of Any kind..

love me ! Hate me !

 

[Erinwltr]

Oops! I guess Republicans had to pass the bill before they knew what was in it!



Republican tax law hits churches

Republicans have quietly imposed a new tax on churches, synagogues and other nonprofits, a little-noticed and surprising change that could cost some groups tens of thousands of dollars.


Their recent tax-code rewrite requires churches, hospitals, colleges, orchestras and other historically tax-exempt organizations to begin paying a 21 percent tax on some types of fringe benefits they provide their employees.

That could force thousands of groups that have long had little contact with the IRS to suddenly begin filing returns and paying taxes for the first time.

Many organizations are stunned to learn of the tax — part of a broader Republican effort to strip the code of tax breaks for employee benefits like parking and meals — and say it will be a significant financial and administrative burden.

It also means political peril for lawmakers, many of whom were surely unaware of the provision when they approved the tax plan. Churches’ tax-exempt status, in particular, has long been considered sacrosanct and Republicans are relying on the faithful to back them in the November elections.

Well, I guess republicans wanted to make sure all those liberal foundations and nonprofits pay their fair share. Let's see how quietly and quickly the republican controlled congress changes this before POTUS apologists blow a gasket.

 

[JakeStarkey]

Churches should pay taxes like any corporation.

 

[petro]

Another OP that assumes all Trump supporters are religious republicans.

Some can't be colored into a convenient box...as much as the OP Harold would like to do with a crayon.


Hint.
Color monster red for republican.

 

[shockedcanadian]

Oops! I guess Republicans had to pass the bill before they knew what was in it!



Republican tax law hits churches

Republicans have quietly imposed a new tax on churches, synagogues and other nonprofits, a little-noticed and surprising change that could cost some groups tens of thousands of dollars.


Their recent tax-code rewrite requires churches, hospitals, colleges, orchestras and other historically tax-exempt organizations to begin paying a 21 percent tax on some types of fringe benefits they provide their employees.

That could force thousands of groups that have long had little contact with the IRS to suddenly begin filing returns and paying taxes for the first time.

Many organizations are stunned to learn of the tax — part of a broader Republican effort to strip the code of tax breaks for employee benefits like parking and meals — and say it will be a significant financial and administrative burden.

It also means political peril for lawmakers, many of whom were surely unaware of the provision when they approved the tax plan. Churches’ tax-exempt status, in particular, has long been considered sacrosanct and Republicans are relying on the faithful to back them in the November elections.

If this is true, and more details are available as to what effect if any it has; it would be some RINO who pushed it in knowing the fineprint wouldn't be read and Trump was going to approve.

I'm sure if it is too erroneous, Trump will just push an EO and get rid of it (if he can). You have to follow the money of course, how does Politico know of this? Why would it be reported now and not right after the budget passed?

 

[Claudette]

Church's should pay taxes. They aren't any better than any other "business" out there.

 

[Crepitus]

Oops! I guess Republicans had to pass the bill before they knew what was in it!



Republican tax law hits churches

Republicans have quietly imposed a new tax on churches, synagogues and other nonprofits, a little-noticed and surprising change that could cost some groups tens of thousands of dollars.


Their recent tax-code rewrite requires churches, hospitals, colleges, orchestras and other historically tax-exempt organizations to begin paying a 21 percent tax on some types of fringe benefits they provide their employees.

That could force thousands of groups that have long had little contact with the IRS to suddenly begin filing returns and paying taxes for the first time.

Many organizations are stunned to learn of the tax — part of a broader Republican effort to strip the code of tax breaks for employee benefits like parking and meals — and say it will be a significant financial and administrative burden.

It also means political peril for lawmakers, many of whom were surely unaware of the provision when they approved the tax plan. Churches’ tax-exempt status, in particular, has long been considered sacrosanct and Republicans are relying on the faithful to back them in the November elections.

I was gonna say "the IRS got in through the backdoor" , but that ain't a door that just got poked in.

 

[J.E.D]

Personally, I don’t think religious institutions should receive tax exempt status with the exception of organizations that provide charitable work that provides benefits to communities, families, individuals, etc that are in need.

BUT, the irony, OH THE IRONY

 

[Skull Pilot]

Oops! I guess Republicans had to pass the bill before they knew what was in it!



Republican tax law hits churches

Republicans have quietly imposed a new tax on churches, synagogues and other nonprofits, a little-noticed and surprising change that could cost some groups tens of thousands of dollars.


Their recent tax-code rewrite requires churches, hospitals, colleges, orchestras and other historically tax-exempt organizations to begin paying a 21 percent tax on some types of fringe benefits they provide their employees.

That could force thousands of groups that have long had little contact with the IRS to suddenly begin filing returns and paying taxes for the first time.

Many organizations are stunned to learn of the tax — part of a broader Republican effort to strip the code of tax breaks for employee benefits like parking and meals — and say it will be a significant financial and administrative burden.

It also means political peril for lawmakers, many of whom were surely unaware of the provision when they approved the tax plan. Churches’ tax-exempt status, in particular, has long been considered sacrosanct and Republicans are relying on the faithful to back them in the November elections.

Good

It's about time the business of religion was treated like every other business now we just have to get rid of the rest of the special treatment

 

[Skull Pilot]

Churches should pay taxes like any corporation.

So should charities

 

[JakeStarkey]

Churches should pay taxes like any corporation.

So should charities

Yep. We begin with Clinton and Trump, but there is a problem with that.

 

[Skull Pilot]

Churches should pay taxes like any corporation.

So should charities

Yep. We begin with Clinton and Trump, but there is a problem with that.

No there isn't

 

[g5000]

Oops! I guess Republicans had to pass the bill before they knew what was in it!



Republican tax law hits churches

Republicans have quietly imposed a new tax on churches, synagogues and other nonprofits, a little-noticed and surprising change that could cost some groups tens of thousands of dollars.


Their recent tax-code rewrite requires churches, hospitals, colleges, orchestras and other historically tax-exempt organizations to begin paying a 21 percent tax on some types of fringe benefits they provide their employees.

That could force thousands of groups that have long had little contact with the IRS to suddenly begin filing returns and paying taxes for the first time.

Many organizations are stunned to learn of the tax — part of a broader Republican effort to strip the code of tax breaks for employee benefits like parking and meals — and say it will be a significant financial and administrative burden.

It also means political peril for lawmakers, many of whom were surely unaware of the provision when they approved the tax plan. Churches’ tax-exempt status, in particular, has long been considered sacrosanct and Republicans are relying on the faithful to back them in the November elections.

This new tax bill also affects employees at ordinary businesses, not just churches.

Because those organizations don’t pay income taxes, lawmakers couldn’t take away fringe-benefit deductions. So instead they created a 21 percent tax on the value of some of nonprofit employees’ benefits.

The main benefits affected are transportation-related, like free parking in a lot or a garage and subway and bus passes. It also targets meals provided to workers and, in some circumstances, may affect gym memberships.


Some of the perks you receive at work are now going to be taxed as income.

 

[g5000]

A Republican income tax increase on individuals. Huh!

They have to pay for those corporate tax cuts for their cronies somehow!