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Is this right?

Discussion in 'Education, Research and Inside Reports' started by A_nonchalant, Mar 25, 2008.

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  1. A_nonchalant Member

    Is this right?

    Here's something I threw together hoping to get it in the information packet they're assembling on SA. Did I misunderstand the nature of Scientology's tax break?

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    The federal income tax brackets can be found here: http://www.irs.gov/formspubs/article/0,,id=150856,00.html

    Let us look at a two-parent, two-income household. If both parents earn a comfortable wage of $50,000, then the net household income is $100,000. The tax rate on this income is $15,107.5 plus $7224, for a total of $22,331.50.
    If these parents are Catholics and send their child to a Catholic high school which asks for tuition of $15,000 a year, they still pay $22,331.50 in income tax at the end of the year.
    However, if they are Scientologists, and send their child to a Scientologist high school which asks for tuition of $15,000 a year, they are permitted to deduct 80% of the tuition from their taxes. Ergo, they claim an income of $88,000. The taxes they pay are $15,107.5 plus $3864, for a total of $18971.5.
    $22331.5 - $18971.5 = $3,360 more in taxes is paid by the Catholic family!
    Scientologists save thousands more in their income taxes than Catholics – or Jews, Hindus, Muslims, Buddhists, Wiccans, agnostics, and atheists! So much for no establishment of religion!
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