A pastor avoids paying $150,000 in annual taxes on a mansion that cost $7 million to build, and he says that God told him to build it. Here’s everything you need to know.
Kenneth Copeland founded the Eagle Mountain International Church organization in 1967, and his sermons are broadcasted worldwide on the Victory Channel.
The pastor is part of the charismatic movement, emphasizing the works of the Holy Spirit, spiritual gifts, and everyday miracles, and it seems his religious beliefs have brought him great spiritual gifts, as he is now worth a total of $760 million as per Etinside.
But, recently, reports have shown that he’s avoided paying a ridiculous sum of money in taxes.
And he’s not the only person who avoids it either. Building a 6 bedroom mansion in 1999 near Fort Worth, as per the Insider, it’s come to people’s attention that Copeland doesn’t have to pay his taxes.
Now, if you don’t already know, as a pastor, you get certain ‘allowances’ for your living expenses, 2 of which are the parsonage allowance, and the cash housing allowance.
With the cash housing allowance, your church covers you when it comes to paying for things like furnishing your home and forking out payments for utilities. And, with the parsonage allowance, to put it simply, you get the roof over your head provided for you.
So, those who live in a church-provided parsonage have the costs covered for them. Another thing to add is that these ‘parsonages’ can get an entire exemption from property tax, too.
And that is why Kenneth Copeland, worth $750 million, does not have to pay $150,000 worth of tax.
And even though he’s not breaking the law, a Tarrant County’s chief appraiser had an opinion on the matter.
Saying: “It definitely looks out of place and unusual compared to other parsonages we have,” as per the Insider.
But nevertheless, it was reportedly built because of God himself… In one of the pastor’s sermons way back in 2015, he told his audience that God spoke to him.
“It is part of your prosperity,” God reportedly said to Copeland.
You can’t ignore that, can you?
What do you think of this situation? Do you think he should have to pay tax or not?