Southern Baptist leaders welcome repeal of tax on churches
Two Southern Baptist entity heads have greeted the repeal of a two-year-old tax on churches and other nonprofit organizations with gratitude.
President Trump signed into law Dec. 20 a spending bill that includes language rescinding a section of the Tax Cuts and Jobs Act of 2017 that requires houses of worship and other nonprofits to pay a 21 percent tax on such employee benefits as parking and transportation. The Senate approved the legislation that included the repeal Dec. 19 in a bipartisan, 71-23 roll call. The House of Representatives passed the measure also in bipartisan fashion by a 297-120 vote Dec. 17.
If it had not been repealed, the provision -- which took effect Jan. 1, 2018 -- would have cost the charitable sector an estimated $1.7 billion in the next decade, according to opponents of the law. It also would have burdened churches and others with accounting and compliances costs not...
Matt 22:19 Shew me the tribute money. And they brought unto him a penny. 20 And he saith unto them, Whose is this image and superscription? 21 They say unto him, Caesar's. Then saith he unto them, Render therefore unto Caesar the things which are Caesar's; and unto God the things that are God's."
May the Lord provide for HIS Churches what they need to live in all societies.
WCF: 5/1. God, the great Creator of all things, doth uphold,a direct, dispose, and govern all creatures, actions, and things,b from the greatest even to the least,c by his most wise and holy providence,d according to his infallible fore-knowledgee and the free and immutable counsel of his own will,f to the praise of the glory of his wisdom, power, justice, goodness, and mercy.g
a. Heb 1:3. â€¢ b. Psa 135:6; Dan 4:34-35; Acts 17:25-26, 28; Job 38-41 throughout. â€¢ c. Mat 10:29-31. â€¢ d. Psa 104:24; 145:17; Prov 15:3. â€¢ e. Psa 94:8-11; Acts 15:18. â€¢ f. Psa 33:10-11; Eph 1:11. â€¢ g. Gen 45:7; Psa 145:7; Isa 63:14; Rom 9:17; Eph 3:10." ===
Job 12:18 He looseth the bond of kings, and girdeth their loins with a girdle. 19 He leadeth princes away spoiled, and overthroweth the mighty 23 He increaseth the nations, and destroyeth them: he enlargeth the nations, and straiteneth them again."