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Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of President ...
There’s only one known instance of a church losing its tax-exempt status because it violated the Johnson Amendment, but ...
Churches and other houses of worship can endorse political candidates without risking the loss of their tax-exempt status, ...
The rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader.