But why are they exempt when they make money? They show a profit year after year. They also buy properties in the area or are gifted properties and the majority of those come off the tax rolls.
I feel the same way with corporations that move in, build big because they get tax breaks and incentives then move on after the deal reverts back to the regular taxation. Should be a clause where they get the breaks but must remain for a certain period of time after.
Revenue is not the same as profit. They don't make profit per se. Though the scam mega churches, like Olsteen's still kinda live in both worlds, where they act like a quasi business, but do some churchy stuff too. They rake in donations and pay the leader in diamond rings, mansions, etcetera. And he pays income taxes on that. Presumably. Yes. I'm saying I think Olsteen is a fraudster bilking his paritioners out of their hard earned money.
Point is, I don’t think churches should pay taxes on their profits because they’re supposed to be nonprofit. But, they absolutely should pay property tax if every other property owner has to pay it.