Whistleblower reports Mormon Church has amassed a $100 billion tax-free fund

Originally published at: https://boingboing.net/2019/12/16/whistleblower-reports-mormon-c.html

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Eat the rich

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Thanks goodness that they can’t direct it towards political activities endorsing particular candidates!

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Religion is a disease, where is Jesus to throw down some whoop ass on money changers in the temple when you need him.

Churches should have tax-exempt status removed. I’m sick of these tools getting treated as a special tax case.

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This is exactly why Trump wanted this whistleblower guy to testify before congress. Vindication!

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Speaking of Mormon financial transgressions, Mormon banks secretly invested millions in building Las Vegas casinos. See The Money and The Power:

Also, a cabal of Mormon lawyers and fixers and ex-FBI-CIA spooks ran reclusive billionaire Howard Hughes’ empire – and perhaps Hughes himself – during the Hughes’ final years.

Also, the criminal empire that built Las Vegas now owns the United States, and we are fucked.

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How else are they going to get that Giant generation ship, Nauvoo, built by the Belters?

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What are the odds Mittens is involved in this?

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Kowmang towchu, ammirite?

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Yeah, Tax Exempt Status should only be for Corporate Entities! :smiley:

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These don’t come cheap…

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Theoretically, they should be in a heap of trouble. Religious organizations aren’t allowed to just accumulate vast amounts of cash and sit on it.

Even Scientology (~$3B) makes a show of buying up white elephant “Ideal Orgs”, which remain empty, to keep the IRS happy.

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100% ­

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Mormon Church carefully hooks nice rug depicting Jesus, sweeps this mess quietly under it.

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Man, that rug really ties the scam together.

image

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If the Mormons have accumulated $100 billion, the Roman Catholics must be sitting on a cool trillion.

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Harvard’s endowment is something like $40 billion. Not saying it’s right— just that a lot of nonprofits these days are basically hedge funds with better publicity.

I’d love for this to turn into a real investigation, but LDSCorp has many friends in high places. My guess is that it will quietly disappear, as so many of their scandals do.

Also see the Salt Lake Tribune article, which quotes the whistleblower’s brother talking about his mission experiences in Latin America convincing poor people to give up their meager coins to give to these fucktards’ investment firms.

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Also, I love the line that the church spends “a significant amount on philanthropic ventures… $2.2 billion since 1985.” Anyone care to do the math?

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