Editor's Note: In an October 3rd article it was reported that the Roman Catholic church earns over $5 billion annually in Germany alone, and that is just from its power to tax. Link to article: The Catholic Church's income from taxing Germans (yes it has power to tax) is over $5 billion annually. In the article linked below, the estimates are that in Italy alone, the church would have to pay 500 million to 2 billion Euros in taxes per year based on their commercial Real Estate holdings within Italy. If they would be required to pay 1 billion plus in taxes, how much income would it be earning from these business enterprises, would 2-3 billion be reasonable estimates? Although it is assumed that most of their Business and Real Estate holdings are in Europe and South America, the fact is that they have equal or more holdings in the US and Canada, and all across the world including Australia. The wealth and power of this organization is well hidden because it pretty much owns the media but it is unlikely that there is any corporation in the world that comes close to having the power and influence as does the Vatican. Just because its holdings are not listed under one corporation does not mean that the church does not control the thousands of corporations and holding companies through local bishops and cardinals that eventually answer to Rome. Even big banks like The Bank of America are rumored to be under the control of the Vatican. So this organization is anything but an Ecclesiastical one, it is a business through and through, always has been and always will be! It is because of the wealth and power of the church that few, if any of its hundreds and even thousands of priests and ministers that have been engaged in Pedophilia and other abominable acts for centuries are ever prosecuted or held accountable. The following report catalogues the numerous Child Sex Abuse cases that have come to light in recent times, and remember that such cases rarely come to light in Catholic countries, Ireland being the exception:Catholic sex abuse has a long and ongoing history intertwined with that of religious institutions. From Ireland to Malta the pandemic has swept across the world, but its caliber remains veiled from the public eye. RT looks at the scale of the problem. It is almost too soon to give an unemotional response to the revelations of routine sex abuse by appointees, officers, members and employees of the Catholic Church in Ireland. The Irish Times covers the story honourably, while the Independent seems to minimize the story. (The media in America in particular has a history of minimizing and brushing such reports under the rug - editor's observation). Let's remember that the problem is not Ireland's. It is the church and its many institutions, besides. Pedophilia runs to the highest levels of society. Five hundred years after the Spanish occupation of the Netherlands, it was the descendent of the Spanish governor, the Duke of Alba, who was fiddling with children in what his family must have considered their hunting grounds.
Italy’s Catholic Church will be forced to pay taxes starting in 2013 after the EU pressured the country’s government to pass a controversial law stripping the Church of its historic property tax exemption. The Catholic Church in Italy is excluded from paying taxes on its land if at least a part of a Church property is used non-commercially – for instance, a chapel in a bed-and-breakfast. "The regulatory framework will be definite by January 1, 2013 – the start of the fiscal year – and will fully respect the [European] Community law," Italian premier Mario Monti's government said in a statement on Tuesday.