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.
- 35 memorable photos from the LDS Church News...
- Elder Holland, David Archuleta promote 'Meet...
- Carrie Underwood shares her Christian faith...
- LDS temples grow ever closer to members
- Danny Ainge speaks about career, Mormon faith
- LDS priesthood restoration site, new movie,...
- 2 LDS teens create video to share Mormon beliefs
- 1964 World's Fair pavilion had far-reaching...
- Republicans rallying behind religious... 32
- FamilySearch provides LDS members with... 18
- LDS Church leaders share excitement for... 14
- LDS temples grow ever closer to members 10
- Religious leaders agree ISIS must be... 6
- Elder Holland, David Archuleta promote... 5
- 1964 World's Fair pavilion had... 4
- LDS priesthood restoration site, new... 4