“How the Mormons Make Money” Speaks Volumes About Romney
…cattle operations in the US, UK, Canada, Australia, Mexico, Argentina, and Brazil. As a religious organization, the LDS Church is exempt from paying taxes on leased real estate properties and donated stock holdings. The LDS Church gives an estimated $52 million annually in humanitarian relief, about .7% of its annual income. Bloomberg notes by comparison that the United Methodist Church gives about 29% of its annual income to charitable relief. LD…
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