2albion
6albion
Ruth Bader Ginsburg 360x1000
12albion
Gilgamesh 360x1000
1trap
Margaret Fuller3 360x1000
4confidencegames
Thomas Piketty2 360x1000
Susie King Taylor 360x1000
lifeinmiddlemarch2
2paradise
2lookingforthegoodwar
3defense
4albion
Mary Ann Evans 360x1000
Edmund Burke 360x1000
Lafayette and Jefferson 360x1000
1gucci
Margaret Fuller1 360x1000
Anthony McCann1 360x1000
8albion'
Mark V Holmes 360x1000
7albion
Office of Chief Counsel 360x1000
Anthony McCann2 360x1000
Richard Posner 360x1000
LillianFaderman
2trap
3albion
AlexRosenberg
James Gould Cozzens 360x1000
Thomas Piketty3 360x1000
Maurice B Foley 360x1000
Spottswood William Robinson 360x1000
1lookingforthegoodwar
1falsewitness
299
Samuel Johnson 360x1000
Stormy Daniels 360x1000
Susie King Taylor2 360x1000
Margaret Fuller 360x1000
2falsewitness
14albion
1albion
1theleasofus
399
1paradide
3paradise
Adam Gopnik 360x1000
7confidencegames
6confidencegames
1madoff
2lafayette
Tad Friend 360x1000
1confidencegames
George F Wil...360x1000
3confidencegames
2transadentilist
Betty Friedan 360x1000
9albion
Thomas Piketty1 360x1000
1transcendentalist
storyparadox2
13albion
3theleastofus
Brendan Beehan 360x1000
11albion
Margaret Fuller2 360x1000
George M Cohan and Lerarned Hand 360x1000
11632
10abion
1empireofpain
lifeinmiddlemarch1
Storyparadox1
Margaret Fuller4 360x1000
storyparadox3
Maria Popova 360x1000
2gucci
1defense
2confidencegames
2jesusandjohnwayne
199
5confidencegames
2theleastofus
Margaret Fuller 2 360x1000
1lauber
1jesusandjohnwayne
Margaret Fuller5 360x1000
5albion
2defense
Learned Hand 360x1000
499
1lafayette
Originally Published on forbes.com on July 5th,2011
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Most of my posts are based on my own review of original source material, rather than what I read in other blogs.  Since I often spend some time on the developments before I post, I’m usually not the guy to go to for breaking news.  I make exceptions, though, when, well, when I feel like making exceptions.  In this case it is because the parsonage exclusion is something I have been following pretty closely.  My most comprehensive post on the subject was titled “Work, Fight or Pray – Vestige of the Medieval in Our Tax Code” (Pretty catchy eh ?).  So I feel compelled to report this post by Reverend William Thornton.  He pointed me to this story, which indicates that a suit by The Freedom From Religion Foundation has been dropped.  They were maintaining that the parsonage exclusion violates the Establishment Clause of the First Amendment. It appears that the abandonment of the suit is based on the Supreme Court decision on the Arizona tuition tax credit, that holds that for purposes of standing to sue under the Establishment Clause, a tax credit is not equivalent to an expenditure.
The “parsonage exclusion” (Section 107 of the Internal Revenue Code) is one of the shorter sections :
In the case of a minister of the gospel, gross income does not include—
(1) the rental value of a home furnished to him as part of his compensation; or
(2) the rental allowance paid to him as part of his compensation, to the extent used by him to rent or provide a home and to the extent such allowance does not exceed the fair rental value of the home, including furnishings and appurtenances such as a garage, plus the cost of utilities
You would infer correctly from the non-inclusive language, that the section goes back to the early days of the Code.
The exclusion of a cash “rental allowance” has been an area of abuse.  I believe the IRS will be appealing the decision that allowed Phil Driscoll to exclude $195,000 in parsonage payments from his music ministry that were attributable to his second home.