> That US law originally recognizes charities, churches, and other non-profits as tax-exempt
...Is a false statement. It doesn't “originally recognize” any such thing.
It permits charities, including churches and some other non-profits with specific functions, to voluntarily apply for status that includes tax exemption, a public subsidy via tax deductibility of donations, and a wide variety of restrictions on behavior.
...Is a false statement. It doesn't “originally recognize” any such thing.
It permits charities, including churches and some other non-profits with specific functions, to voluntarily apply for status that includes tax exemption, a public subsidy via tax deductibility of donations, and a wide variety of restrictions on behavior.