Our take: The recession is hitting all aspects of society, from families to the government and now churched. In this article by The Washington Post, Ariana Eunjung Cha discusses the impacts of the global recession on churches and attempts by governments to find more funds by taxing properties normally un-taxed.
Alcala de Henares, Spain Cash-strapped officials in Europe are looking for a way to ease their financial burden by upending centuries of tradition and seeking to tap one of the last untouched sources of wealth: the Catholic Church.
Thousands of public officials who have seen the financial crisis hit their budgets are chipping away at the various tax breaks and privileges the church has enjoyed for centuries.
But the church is facing its own money troubles. Offerings from parishioners have nosedived, and it has been accused of using shady bank accounts and hiding suspect transactions.
- LDS First Presidency calls 8 new MTC presidents
- The Piano Guys perform 'Silent Night' at New...
- LDS Church releases 'A Savior Is Born'...
- New Joseph Smith Papers volume provides...
- Tebow’s recent breakup creates divide...
- Elder Oaks gives special Thanksgiving...
- MTC missionaries spend Thanksgiving preparing...
- The effect of having a widow's mite of faith
- MTC missionaries spend Thanksgiving... 11
- Wright Words: Why Thanksgiving is... 4
- A lesson a little girl learned while... 4
- LDS Church releases 'A Savior Is Born'... 4
- Tebow’s recent breakup creates... 4
- The most grateful religions in America,... 2
- Pope Francis brings peace message to... 1
- Book review: 'Understanding the... 1