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RELIGION, CURRENT EVENTS, TECHNOLOGY Subscribe to the breaking newsWhat is RSS?
FRONT PAGE  |  10/30/2014
SATURDAY, AUG 27, 2011  |  1 comments
Tax Break for Clergy Questioned
As Congress scrutinizes every nook and cranny of the budget for possible revenue, a surprising court decision is allowing clergy members to buy or live in multiple homes tax-free.

The U.S. Tax Court ruled that Phil Driscoll, an ordained minister and Grammy Award-winning trumpeter who went to prison for tax evasion, didn't owe federal income taxes on $408,638 provided to him by his ministry to buy a second home on a lake near Cleveland, Tenn.

Under a provision of the tax code known as the parsonage allowance, first passed in 1921, an ordained clergy member may live tax-free in a home owned by his or her religious organization or receive a tax-free annual payment to buy or rent a home if the congregation approves. ...


CLICK HERE to Read Entire Article
online.wsj.com

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News Item8/29/11 3:00 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Laura Saunders wrote:
Sen. Charles Grassley (R., Iowa), a member of the Senate Finance Committee, said he wants to ensure that the spirit of the provision isn't violated.

"It's fair to question why a clergy member needs a tax-free allowance for more than one home, and whether tax-exempt churches should subsidize millionaire ministers," he says.

hmm, there are some Republican Senators that are almost earning their pay, good going, neighbor.

Just because a religious figure doesn't seem personally greedy, doesn't make him any less a heretic, read the bottom of this article, about what Joel believes. Televangelist Joel Osteen shuns lavish lifestyle

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