The Unintended Target of Trump's Tax Reform
Groups to decide among paying more to feds, cutting employees' benefits or making other sacrifices
Houses of worship and nonprofit groups are crying foul as they realize that a provision in last year’s tax reform law requires them to pay federal taxes on some employee benefits for the first time, a development that could cost them thousands of dollars.
“Think of it: $13 billion every decade on the backs of churches and nonprofits, hindering their ability to serve their constituents,” said Dan Busby, president of the Evangelical Council for Financial Accountability.
“I’d say the churches have every right to be outraged,” said David L. Thompson, vice president of public policy for the National Council of Nonprofits. “It’s an oxymoron. It’s horrendously unfair.”
Please select this link to read the complete article from The Washington Times.