BBC is reporting that the Italian government will be ending the tax-free status the Vatican has been enjoying since 2005. The tax will be levied on non-religious properties, which is said to include residential properties and shopping centers.
Shopping Centers??
Anyway, it's expected that the tax bill could reach as much as $720 million Euros, which is nearly $950 million in American dollars.
Oh man, it would be so cool if they could manage to do something like this here. Can you imagine the benefits of taxing the churches here in America? A deficit that would be non-existent, schools that were fully-funded, the possibly of a budget surplus.
Let's pray on it, shall we?
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