Old Drum

Commentary on Warrensburg, Johnson County and Missouri issues from a Libertarian perspective. View my earlier commentary at www.olddrum.net.

Saturday, October 28, 2006

Amendment 6, Veterans group tax exemption

Most veteran groups make money from facility rentals, bingo, donations, dues, and other fundraisers. The money goes to upkeep & utilities on the post building. Profits are supposed to be used for charitable purposes, such as the Legion baseball teams, donations to the Veterans' Homes, etc., since they are exempt from Federal tax under certain portions of Sec 501. However, some vet groups were not deemed to be fully fulfilling the charitable part of their charters, so local assessors decided to charge real/personal property taxes on their property. This amendment would give them an exemption (maybe).

Since I attended the local American Legion memebership night, and they weren't concerned about the situation, I'll probably vote against the amendment.


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