Tuesday, November 25, 2008

Tax law made interesting

Ooooh, the Mormons are in trouble...

According to the SFChronicle, the State of California will be investigating the Mormon Church as to "whether [it] accurately described its role in a campaign to ban gay marriage in the state."

Hmmm... Fosco can't help but wonder if this is the first step in revoking the Mormon Church's tax exempt status. As you may (not) know, churches (and other tax-exempt organizations) are not allowed to attempt to influence legislation in a substantial way. Doing so would endanger that organization's tax-exempt status. Some thoughtful observers think the Mormons crossed the line on this one. Fosco hopes this is the case. Think about what all that delicious Mormon money could do to offset California's major budget shortfall.

We're coming for your money, Mormons!

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