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Title: Ground Zero Muslim Center May Get Public Financing
Source:
REUTERS
URL Source: http://news.yahoo.com/s/nm/20100827/pl_nm/us_newyorkcity_mosque
Published: Aug 27, 2010
Author: REUTERS
Post Date: 2010-08-27 19:42:39 by Brian S
Keywords: None
Views: 6885
Comments: 6
Fri Aug 27, 3:54 pm ET NEW YORK (Reuters) – The Muslim center planned near the site of the World Trade Center attack could qualify for tax-free financing, a spokesman for City Comptroller John Liu said on Friday, and Liu is willing to consider approving the public subsidy. The Democratic comptroller's spokesman, Scott Sieber, said Liu supported the project. The center has sparked an intense debate over U.S. religious freedoms and the sanctity of the Trade Center site, where nearly 3,000 perished in the September 11, 2001 attack. "If it turns out to be financially feasible and if they can demonstrate an ability to pay off the bonds and comply with the laws concerning tax-exempt financing, we'd certainly consider it," Sieber told Reuters. Spokesmen for Mayor Michael Bloomberg, Governor David Paterson and the Islamic center and were not immediately available. The proposed center, two blocks from the Trade Center site in lower Manhattan, has caused a split between people who lost relatives and friends in the attack, as well as conservative politicians, and those who support the project. Among those who support it are the mayor, civic and religious groups, and some families of victims. The mosque's backers hope to raise a total of $70 million in tax-exempt debt to build the center, according to the New York Times. Tax laws allow such funding for religiously affiliated non-profits if they can prove the facility will benefit the general public and their religious activities are funded separately. The bonds could be issued through a local development corporation created for this purpose, experts said. The Islamic center would have to repay the bonds, which likely would be less expensive than taxable debt. New York City's Industrial Development Authority could not issue debt for the center because the state civic facilities law, which governed this type of financing for non-profits, was allowed to expire about two years ago.
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#1. To: Brian S (#0)
No religious center should ever receive tax free financing. In fact, all religious institutions should be required to pay the same taxes every other business pays. That will go a long way towards solving the money problems of the states.
"How many confirmed NV Mig kills do YOU have general? I only have three." - Mad Dog, the village idiot's hemorrhoid.
On orders from Iman Obama?
That should also include "extra security" funding from the DHS. Multi-millions have been given to certain religious groups, mainly jewish to 'protect them'.
Never swear "allegiance" to anything other than the 'right to change your mind'!
From Iman Obama and the muslim terrorists.
And I'll say again that none of them should get a dime from the taxpayers.
"How many confirmed NV Mig kills do YOU have general? I only have three." - Mad Dog, the village idiot's hemorrhoid.
Skippy, Iman Obama and you leftwingnuts just want more taxes.
#2. To: Brian S (#0)
The Muslim center planned near the site of the World Trade Center attack could qualify for tax-free financing, a spokesman for City Comptroller John Liu said on Friday, and Liu is willing to consider approving the public subsidy.
#3. To: Skip Intro (#1)
No religious center should ever receive tax free financing.
#4. To: Brian S, Skip Intro (#3)
Multi-millions have been given to certain religious groups, mainly jewish to 'protect them'.
#5. To: Brian S (#3)
Multi-millions have been given to certain religious groups, mainly jewish to 'protect them'.
#6. To: Skip Intro (#5)
I'll say again that none of them should get a dime from the taxpayers
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