Supreme Court's health care ruling could weaken charity tax breaks
Evan Vucci, AP
Our take: Chief Justice John Roberts' decision of the Affordable Care Act dealt not only with the health care business. This story from the Christianity Today says faith-based nonprofits are wary about how the ruling could affect their tax exempt status.
"The U.S. Supreme Court's ruling upholding the Affordable Care Act — or 'Obamacare,' as some have dubbed it — has advocates of faith-based nonprofits concerned about potential unintended 'collateral damage' to their bottom lines.
"The worry: Chief Justice John Roberts's nod to lawmakers' wide discretion to impose taxes — and to condition taxes to influence behavior — could pose threats both to charities' tax exemptions and to donors' tax deductions."
Read more about Supreme Court's health care ruling could weaken charity tax brea on Christianity Today.
- It's not just young people — seniors...
- Second man arrested trying to enter White...
- 11 best—and worst—state tax systems
- Security breached: Intruder gets into White...
- Secret Service boosts security outside White...
- 'The Voice' returns Monday with Pharrell,...
- Tense hunt in trooper ambush case hits 8 days
- White House intruder identified as Army...
- Striking or spanking a child is not a... 19
- School police stock up on free military... 11
- Yellen says US families need to boost... 10
- Security breached: Intruder gets into... 9
- How much America wants to be taxed 8
- Vikings place Adrian Peterson on exempt... 5
- Dempsey: Half of Iraqi army not OK as... 4
- PepsiCo latest sponsor to voice NFL... 4