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Pope calls for redistribution of wealth?
01-16-2013, 10:43 AM
Post: #12
livelyfang494 Offline
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Maybe he should show me how it's done first.

Bankers' best guesses about the Vatican's wealth put it at $10 billion to $15 billion. Of this wealth, Italian stockholdings alone run to $1.6 billion, 15% of the value of listed shares on the Italian market. The Vatican has big investments in banking, insurance, chemicals, steel, construction, real estate. Dividends help pay for Vatican expenses and charities such as assisting 1,500,000 children and providing some measure of food and clothing to 7,000,000 needy Italians. Unlike ordinary stockholders, the Vatican pays no taxes on this income, wh

http://www.time.com/time/magazine/articl...09,00.html

Vatican pays no taxes on this income

Vatican pays no taxes on this income
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Messages In This Thread
[] - neato1975 - 01-16-2013, 09:49 AM
[] - yutsnark - 01-16-2013, 09:58 AM
[] - lestermount - 01-16-2013, 09:59 AM
[] - Heretic - 01-16-2013, 10:04 AM
[] - Al Bundy - 01-16-2013, 10:07 AM
[] - Corrine - 01-16-2013, 10:11 AM
[] - Tom Waits 2016 - 01-16-2013, 10:16 AM
[] - Stormy thoughts! - 01-16-2013, 10:25 AM
[] - Avenged Virginity - 01-16-2013, 10:32 AM
[] - miniaturemoon219 - 01-16-2013, 10:38 AM
[] - livelyfang494 - 01-16-2013 10:43 AM
[] - The Solution - 01-16-2013, 10:52 AM
[] - Flower - 01-16-2013, 10:53 AM
[] - aeriol7 - 01-16-2013, 11:02 AM
[] - Andy F - 01-16-2013, 11:08 AM
[] - Xtra - 01-16-2013, 11:13 AM

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