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Chan790

(20,176 posts)
20. Proposing ending NPO tax-exemptions on holdings is a conservative and ridiculous thing...
Sat Nov 23, 2013, 12:49 PM
Nov 2013

to propose. It's right up there with proposing extending the Capital-gains exemption. It may be the most conservative thing that will be posted on DU today and not result in an instant banning.

It's a long-term goal of the extreme right which opposes the existence of 501(c)3 charitable institutions, claiming that only religions should receive tax exemption and that the weight of taxation for those charitable institutions gets shifted to them. Further, any such proposal seriously harms the public interest by harming the ability of entities that require large amounts of space such as animal sanctuaries, the community gardens of food banks, homeless shelters, domestic violence shelters,...to serve the public interest. You might as well propose outlawing charities since the tax-deduction for charitable giving would also be going away in this proposal...your proposal reduces the operating funds of 99% of current 501(c)3 charitable institutions to $0 while imposing huge taxes upon them.

So...what do you have against the people in poverty, the homeless, victims of domestic violence, children, victims of natural disasters, people with rare diseases and the 99.9% of Americans that benefit every year from the efforts of NPOs?

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Good morning. I like to think that Jesse is right, but I'm not holding my breath. n/t Egalitarian Thug Nov 2013 #1
No. The tax would just be passed off to their renters n2doc Nov 2013 #2
You want to shift income taxes to property taxes? mainer Nov 2013 #3
no one's saying there can't be adjustments where appropriate. unblock Nov 2013 #11
Absolutely!! Bohunk68 Nov 2013 #15
My best friend's parents are in a similar situation... Chan790 Nov 2013 #18
not a good plan...if you want to tax the rich beachbum bob Nov 2013 #4
+1 FreakinDJ Nov 2013 #6
that's a good set of improvements to a system that's inherently flawed. unblock Nov 2013 #10
not difficult to acheive if we had beachbum bob Nov 2013 #21
Fuck that. The county values my property at $122K-90 of that is the land value. hobbit709 Nov 2013 #5
This is the tax that broke up so many family farms in Massachusetts. canoeist52 Nov 2013 #7
Tax wealth, not income. safeinOhio Nov 2013 #8
Not the full solution Joel thakkar Nov 2013 #9
Proposing ending NPO tax-exemptions on holdings is a conservative and ridiculous thing... Chan790 Nov 2013 #20
Tax the financial market transactions. Leave the land alone NightWatcher Nov 2013 #12
On an aside: the complexity only serves one purpose rock Nov 2013 #13
Bad idea. Farmers and ranchers own most of the private land in the USA. Coyotl Nov 2013 #14
Meet The 25 Land Barons Who Collectively Own 1% Of America xchrom Nov 2013 #16
I am getting a sense of deja vu hfojvt Nov 2013 #17
I prefer a straight wealth tax for the 1%. stevenleser Nov 2013 #19
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