How the Mormons Make Money

[northeast]

What the heck is the corporate side of the church???????
It all sounds like rich people finding loopholes to get an unfair advantage over the noncheaters.

 

[Qman]

What the heck is the corporate side of the church???????
It all sounds like rich people finding loopholes to get an unfair advantage over the noncheaters.

I cannot think of anything that would be considered the corporate side of the church. BYU is operated at a loss-tutition is subsidized. I guess the Tabernacle Choir could make a little money.

 

[Hartsock]

I cannot think of anything that would be considered the corporate side of the church. BYU is operated at a loss-tutition is subsidized. I guess the Tabernacle Choir could make a little money.

byu nor the choir are businesses

 

[PearlWatson]

It said what the corporate side was in the article: book store, tv station, newspaper are some of them.

They have a corporate side because of the Edmund Tucker act.

 

[Hartsock]

"The church should have no income from corporate affairs, but tithes are stupid/highway robbery. the money should be thrown down to them by god himself" This is the vibe I am getting from the naysayers.

 

[northeast]

Sounds to me like they are hiding for-profit businesses under a non-profit umbrella. It's not right. Where is the line?

 

[nightmare3983]

Are people just jumping into this thread now that it's 28 pages long?

 

[PearlWatson]

Sounds to me like they are hiding for-profit businesses under a non-profit umbrella. It's not right. Where is the line?

I see no problem with it.
They pay taxes on the for-profit side of things.

 

[Bronco70]

Are people just jumping into this thread now that it's 28 pages long?

northeast seems to have skipped most of it. Or he just really likes a good retread.

I hesitate to use the "c" word, but much of his argument seems to be based largely on assumption.

The following is an excerpt from a 1991 address by (then) President Gordon B. Hinckley:

Again, all such commercial properties are taxed under the government entities where they are located. Not only do they pay property taxes, but also income taxes on any profits. So it is with all of the commercial operations of the Church.

https://www.lds.org/general-conference/1991/04/the-state-of-the-church?lang=eng

Just FYI.

 

[CONAN]

"The church should have no income from corporate affairs, but tithes are stupid/highway robbery. the money should be thrown down to them by god himself" This is the vibe I am getting from the naysayers.

I completely understand that line of thinking. I don't think of tithing as a temporal matter.

 

[GoJazz]

Assasinate the current leadership?

Slay him, for the Lord hath delivered him into thy hands; Behold the Lord slayeth the wicked to bring forth his righteous purposes. It is better that one man should perish than that a nation should dwindle and perish in unbelief.”

 

[Dr. Jones]

So that folks don't take what I was quoted on above out of context, it was a joke about slaying the leadership of the African countries that are causing/allowing the terrible things happening there.

Didn't want anyone to think I said that about Mormon leadership, lol.