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Politics

Will Church and Charity Tax Spill Over from Spain?

yahoo.com (11 months and 11 days ago)

Jun 8, 2012

According to Time, Spain is considering taxing church property as a means of balancing its budget. The value of the property tax exemptions held by the Catholic Church (the dominant religion) in Spain is 2.5 to 3 billion euros annually. With the Congressional Budget Office reporting this week that the United States is on the verge of budgetary catastrophe, will proposals to tax churches and charitable organizations spill over from Spain? full story

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Will Church and Charity Tax Spill Over from Spain?

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