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To: ancient_geezer

Pardon my ignorance of tax laws, but I had assumed that a PAC might be responsible for taxes that a church is not like property tax or tax on sales receipts from selling propaganda videos or other paraphanelia like tee-shirts or coffee mugs. As far as I know, there is no special income treatment for contributions to PACs as there is for a church. Personally, I'd rather it remain that way- there are way too many evil people with way too much money, i.e. George Soros.


264 posted on 07/27/2006 12:55:51 PM PDT by Rockitz (This isn't rocket science- Follow the money and you'll find the truth.)
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To: Rockitz

I had assumed that a PAC might be responsible for taxes that a church is not like property tax or tax on sales receipts from selling propaganda videos or other paraphanelia like tee-shirts or coffee mugs.

You had better look into the federal tax law again, churches are subject to the same federaL tax laws regarding their commercial enterprises as every other organization.

Their exemptions regard contributions to them. They pay the same federal payroll taxes and same taxes on their commercial enterprises and anyone else.

As far as property tax is concerned, there are no federal property taxes, those would be a direct tax under the constitution and can only be laid by apportionment among the states by population.

State tax however is an entirely separate issue, with powers of the state legislatures comprehended by the 10th amendment and state constitutions.

272 posted on 07/27/2006 1:02:25 PM PDT by ancient_geezer (Don't reform it, Replace it.)
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