Goverment gets involved in private corporations all the time. Why do you think eliminating the tax exemptions makes government less likely to get involved? It seems like they would be more likely to get involved, because then churches would just be another business to government.
And "THAT" was never intented by separation of church and state. Our founding fathers recognized that God was supreme over government. That government shouldn't be taxing God, because God is the higher authority. Like it or not, THAT's what the founding father's intended. They recognized God as evidenced by references to Him in the Declaration of Independence and the constitution. They never intended Freedom of Religion to be Freedom from Religion. They even put in the constitution a prohibition on government prohibiting the free expression of religion. They just didn't want government dictating to religion or dictating religion to individuals.
RE: And “THAT” was never intented by separation of church and state. Our founding fathers recognized that God was supreme over government. That government shouldn’t be taxing God, because God is the higher authority.
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Let’s be a little cautious here when we try to apply what the founding fathers had in mind with what we have today.
For starters I doubt if there were any significant number of Muslims living in the USA with mosques anywhere.
I am not sure how the framers would react if there were a significant minority of Muslims living in America in the 18th century wanting Sharia Law to be recognized in the just established country.