NFL Not The Only Organization That Does Not Need Or Deserve Tax Exempt Status
Congress might use this flap about the NFL and even more significantly the interminable Tea Party/Dark Money/IRS Targeting scandal (You get to pick the name based on your point of view) as a goad to look more closely at the whole exempt organization area. There are 29 different types of exempt organizations under 501(c) alone. Many entities put a burden on overstretched IRS resources to claim exempt status for no discernible federal tax reason. It let’s their dark money stay dark. It allows them to get a liquor license, sponsor bingo games and avoid state sales and use tax. Silliest of all is that 501(c) status can give an organization credibility in some circles – another illustration of Barnum’s law.
Parsonage Supporters Encouraged By Seventh Circuit Oral Arguments
When the powers that be finally realize what the country needs and appoint me tax policy czar, one of my first acts will be to cap the housing allowance at $4,000 per month not indexed for inflation so that its significance will gradually phase out. A couple of people recognize that the unlimited housing allowance is not just bad tax policy. It is also bad for religion.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.