Taxation???

: Taxation???
Should banks, hospitals and churches be Taxed?

Answers and Views:

Answer by SuccessBroker
Not if they are a Non-Profit entity. Banks are usually For-Profit.

Answer by carninuz1
banks should. I’m not sure about the others.

Answer by Molly
Should we change the tax laws? Possibly. Everyone has a different opinion.

It might be easier to tax just individuals and leave entities be. In any case someone will find an avenue for abuse.

Stop people from being greedy and hope to make them more honest. Maybe then we can truly evaluate if a tax system “works”.

Answer by Wayne Z
Banks are taxed.

What makes you think that they were not?

Answer by taxman
Bnaks are taxed. Hospitals are taxed, unless they are run by a charity. Churches aren’t taxed, but should be.

Answer by bold4bs
They all are!

Banks are private entities are all taxed.

Hospitals and churches pay their taxes based on “unrelated business income”.

Answer by bostonianinmo
Banks and for-profit hospitals are. Non-profit hospitals and churches are not.