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SEC charges the Church of Jesus Christ of Latter-Day Saints

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Re: SEC charges the Church of Jesus Christ of Latter-Day Saints

#231
post #214

Earlier quoted context omitted.

The details vary from country to country, of course, but some of the tax exemptions which religious groups get are actually just standard exemptions available to all non-profits, or all charities. English law has long defined "advancing religion" as a "charitable purpose". The Charitable Uses Act of 1601 (aka the Statute of Elizabeth) included "the repair of... churches" as a charitable purpose, and later case law to…

> The details vary from country to country, of course, but some of the tax exemptions which religious groups get are actually just standard exemptions available to all non-profits, or all charities. Right. Religious groups in the US get tax exemptions that non-religious 501(c)(3)s don't get. Churches can exempt themselves from FICA taxes. Churches are not required to withhold income taxes on wages paid to ministers.…

> Churches can exempt themselves from FICA taxes. Churches are not required to withhold income taxes on wages paid to ministers.

Churches don’t pay FICA on clergy, but the clergy are supposed to pay SECA instead. This is because the IRS doesn’t consider the church-clergy relationship to be an employer-employee. It is possible to be exempt from SECA too, but only if one asserts a religious objection to Social Security and Medicare - which I understand is rather rare. Furthermore it is only available to religious groups that existed in 1950, so if you start a new religion tomorrow you aren’t eligible, no matter how successful it might become.

Re: SEC charges the Church of Jesus Christ of Latter-Day Saints

#232
post #185
post #133

Earlier quoted context omitted.

This is not a logical conclusion. It's like saying, if Jeff Bezos is really so rich, why are Amazon warehouse employees not paid better? He must actually be poor and can only afford to pay people low salaries.

Employees are forced to accept a bad deal due to asymmetrical market dynamics. Without the job they would be worse off until they find a replacement. The person with the money (Bezos) has all the power. Not so with church members. If they stopped attending they would have more money. They are the ones with the power. So why would a grown adult willfully hand over their money to an organization that already has all th…

> Employees are forced to accept a bad deal due to asymmetrical market dynamics

> Not so with church members. If they stopped attending they would have more money. They are the ones with the power.

Absolutely not. Faithful members of a church believe that if they were to leave the church, they would literally be damned to hell for eternity. Churches have _enormous_ power over their members, often far more than employers.

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