Itâ??s not a â??crisis today,â?? but could become a problem in the future given the concern over rising property taxes, the Indianapolis Republican says.
Supporters of tax exemptions for houses of worship, or any not-for-profit for that matter, say the good the organizations do for society more than compensates for the loss of tax revenue. The more not-for-profits can be encouraged, the better, they say.
Others say the groups should pay their fair share regardless of what they accomplish. Not-for-profits require the same streets and fire protection as everyone else, so why shouldnâ??t they contribute? goes the argument.
Whatâ??s your take? Should not-for-profits be taxed?
Read the story.