U.S. churches, which own some of the choicest blocks of tax-free real estate in the country, feel a cold chill coursing along the pocketbook nerve. The Louisville City Council plans to place all church-owned real estate used for business purposes on the tax rolls. Several million dollars' worth of property, owned mostly by Baptists and Roman Catholics, will be affected. The owners will have to go to court if they wish to protest the assessments.
Meanwhile many a U.S. churchman also keeps an anxious eye on Washington. Five times in the last year the...
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