$800M Tax Hike for Ministers? Judge Kills ‘Most Important Tax Benefit’


(Worthy News) – For 60 years, ministers and clergy in the U.S. have relied on an IRS law that allows them a tax-exempt housing allowance. Now that key exemption is at risk.

GuideStone Financial Resources calls it the “most important tax benefit available to ministers.” And Christianity Today reports, the congressional Joint Committee on Taxation estimates the break is worth $800 million a year to American ministers.

But a federal judge in Wisconsin has now ruled that the tax break violates the establishment clause of the First Amendment. [ Source: CBN News (Read More…) ]

10
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Latest Worthy News

Australian PM Praises Hero Who Disarmed Gunman in Sydney Hanukkah Terror Attack (VIDEO) (Worthy News In-Depth)
Chabad Rabbis, Child Among Victims Of Sydney Hanukkah Terror Attack
Tourists Barred From Bringing Bibles Into Nicaragua Amid Widening Crackdown on Christians
Trump Secures International Commitments for Gaza ‘Board of Peace’
Trump Designates Venezuelan Regime as Terrorist Organization, Orders Oil Tanker Blockade
Federal Appeals Court Allows Trump’s National Guard Deployment in D.C. to Continue
Declassified Emails Reveal FBI Doubts Ahead of Mar-a-Lago Raid
Jewish Man Stabbed in Suspected Antisemitic Attack Near Chabad HQ in Brooklyn
Israel Signs Largest Energy Deal in Its History With Egypt, Worth $34.7 Billion
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News