They are required to talk about anything over $100 million but they “didn’t want people to be discouraged about tithing to them.”
I was looking up if they owned any Pepsi stock still and apparently if they do, they’re not talking about that either.
The Mormon church regularly influences politics and doesn’t pay a single penny to taxes. END TAX EXEMPTION FOR CHURCHES.
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Franchises are gonna franchise…
I can’t believe they’re still tax-exempt.
I agree, if you’re putting money into the market, then that money should be taxed before it goes in.
B-but how else are they going to be able to afford such glorious churches??!!
You mean a church that was founded on a science fiction story created by a conman is hiding money??? 😲😲😲
Who would have ever thought such a thing possible???
Are you referring to the golden plates or are you confusing this one with Scientology? Either way, we’re not sure if they’re hiding money anymore, lol.
Not just golden plates! There were plates, an enchanted seeing stone, and a magical hat too! 🎩🪄
Don’t forget the magical underwear!
I’m still trying to figure out where the golden bicycle comes in
you use it to ride to the golden shower.
Now that is a mental image I was not expecting today…
Picture this…
A man wearing nothing but magical underwear riding on a shiny golden bicycle down the street. He approaches a trellis with beautiful naked women sitting atop it, with their legs spread wide…
All you need to do is remove the word “science”, otherwise you’re just describing Scientology as the other person mentioned.
They gotta pay for that spaceship in The Expanse somehow!
Lol, I thought the same thing. They are building the Nauvoo.
For members of The Church of Jesus Christ of Latter-day Saints, tithing — donating 10% of one’s income to the faith — “is more of a sense of commitment than it is the church needing the money,” Roger Clarke, head of Ensign Peak Advisors, which manages the denomination’s investing holdings, told The Wall Street Journal.
“So they never wanted to be in a position where people felt like, you know, they shouldn’t make a contribution,” Clarke said.
Checks URL
Not the Onion? Ok, then…
Just like white American Jesus intended
Good ol’ supply-side himself
LDS leader Lorenzo Snow started tithing in the late 1800s because the church was broke.
Now the church has billions upon billions, but have never stopped tithing. They need that Gen Z’er minimum wage money, right?
The Wall Street Journal broke the story a couple years ago: https://www.wsj.com/articles/the-mormon-church-amassed-100-billion-it-was-the-best-kept-secret-in-the-investment-world-11581138011
Mormons don’t have anything; their masters do.
It’s just like anything else, a lot of them do have money, especially in the Salt Lake City area. But I’m sure there are a lot that don’t as well.
Turn it off!
It’s a nifty little Mormon trick!
There was a 60 mins story on this
I don’t watch that, were they nervously defending themselves or confident in their choices?
A whistleblower was like wtf, why is this so much. Aren’t we supposed to be doing charity work with it ir something?
Also there was some self dealing real estate deals with others associated with the church
This was put on display with the campaign to pass proposition 8 in California in the 2000’s which outlawed gay marriage. It was a conservative brainchild but Mormons were largely behind its promotion and success. It was made public what businesses donated to the campaign to support it, those businesses were boycotted for many years after… I remember seeing my Mormon chiropractor on this list and learned that the church called on all members to personally/financially support the passing. How that happened in such a heavily liberal state is a testament to their power.
Thankfully (ironically?) prop 8 later became instrumental in legalizing gay marriage when it was taken to the Supreme Court. If you don’t know the story I highly recommend learning about it. There are plays and movies about it that are very moving and entertaining.
