Posted by:
axeldc
(
)
Date: August 08, 2017 09:34AM
LDS, Inc. has interpreted tithing to be as generous to itself as possible. Tithing is supposed to be on your increase, which is not your gross revenues. It's your revenues minus expenses.
If you ran a farm, bought a calf for $1000 and sold it for $10,000 as a cow, you would owe $1000 in tithing. They don't allow you to deduce the feeding, care, vet bills, barn cost, labor costs, etc.
If you bought a calf for $1000, spent $4000 on food and vet bills, $2000 on labor to care for it, and sold it for $10,000, your real profit is only $3000, so you should pay $300. LDS, Inc. thinks you should pay $1,000, taking 1/3 of your profit instead of 1/10th.
If you spend $108,000 to put yourself through college to get a job, then you should deduct your student loan payments from your gross salary. You should also deduct basic housing, clothing, transportation, daycare, and any expenses you need to get to work. Instead of paying $10,000 on a $100,000 salary, you should be paying more like $3,000, as much of your money goes to taxes, loan payments, and basic maintenance.
Of course, LDS, Inc. wants that $7,000, so they guilt you into paying on your revenues, not your "increase".
Edited 1 time(s). Last edit at 08/08/2017 09:34AM by axeldc.