There’s being “allowed” and then there’s being “taxed”
While it’s probably not that main stream in us politics, the US is one to the few places one of the largest hedge funds gets to operate tax free because it’s owned by the LDS; and I’m pretty sure they just get picked on because they’re “cult-y”. Catholic Churches have massive investment accounts, most denominations will have something large.
And then there’s the Bill Gates fund that is a giant tax shelter….
Im surprised to find myself agreeing. Obviously BLM is a political / activisn organization. But ykw. They could form a PAC instead. Separate political activism from genuine charity work. And they should be expected to file correctly - because churches can’t.
BLM is a terrible example. There’s BLM the movement, and BLM the leech non-profit organization that purports to represent BLM the movement but gets terrible press because they have tons of private inurement and self-dealing issues - almost like they exist to undermine the actual movement.
Yep. Same with all 501c organizations. Make it a rule across the board. Churches, planned parenthood, BLM, all charities.
How does BLM or planned parenthood qualify here?
Especially when they’re directly opposed by one political side whereas church and charity is generally accepted by both sides?
It’d be hard to find a BLM member that supports the Republican party for instance. It’s a massive conflict of interest. Same with planned parenthood.
The difference is Republicans decided to make these organizations the enemy.
Fair cuz democrats might not like the church but I don’t think the majority directly opposes religion being allowed.
I’d love to see Christians actually being Christians, honestly. Like Jimmy Carter does.
There’s being “allowed” and then there’s being “taxed”
While it’s probably not that main stream in us politics, the US is one to the few places one of the largest hedge funds gets to operate tax free because it’s owned by the LDS; and I’m pretty sure they just get picked on because they’re “cult-y”. Catholic Churches have massive investment accounts, most denominations will have something large.
And then there’s the Bill Gates fund that is a giant tax shelter….
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Im surprised to find myself agreeing. Obviously BLM is a political / activisn organization. But ykw. They could form a PAC instead. Separate political activism from genuine charity work. And they should be expected to file correctly - because churches can’t.
BLM is a terrible example. There’s BLM the movement, and BLM the leech non-profit organization that purports to represent BLM the movement but gets terrible press because they have tons of private inurement and self-dealing issues - almost like they exist to undermine the actual movement.
Pretty sure it’s not a 501c corp. at least not the bits of it that are active in politics.
Keep in mind, BLM isn’t a single entity and doesn’t have heirachical control like a denomination would