Ep 603 – Tithing Settlement – Lars Nielsen and The 124 Billion Dollar LDS Church Tax Fraud Story

Infants on Thrones

Personal Journals, Society & Culture, Philosophy

4.6 • 1.1K Ratings

🗓️ 17 December 2019

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Has the Mormon Church been hiding billions of dollars in some kind of illegal tax shelter? Glenn and Tom sit down with Lars Nielsen, author of the Letter to the IRS Director.
Links referenced in our discussion:
The 74-page Letter to the IRS Director: https://www.scribd.com/document/439385879/Letter-to-an-IRS-Director
A 7-minute video introduction: https://youtu.be/DXOWRN19i-4
A 77-minute full video exposé: https://youtu.be/KDlFZF3RyhE
Religion Unplugged article: https://religionunplugged.com/news/2019/12/16/whistleblower-exposes-100-billion-stockpile-by-mormon-church

Washington Post article: https://www.washingtonpost.com/investigations/mormon-church-has-misled-members-on-100-billion-tax-exempt-investment-fund-whistleblower-alleges/2019/12/16/e3619bd2-2004-11ea-86f3-3b5019d451db_story.html

Transcript

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0:00.0	If any money were to be clawed out of EPA, it wouldn't hurt church programs at all.
0:06.0	They could lose $100 billion to snap your fingers there.
0:09.0	It's gone.
0:10.0	No member would know, not one program would be impacted and it would start growing all over again and be another hundred billion dollars in another twenty two years
0:16.6	That poor woman in Mexico that I can see her face right now from when I served on my mission there.
0:25.0	They gave everything to the church and lived with dirt floors and they need to be given that money back and
0:32.3	with an apology, you know, because taking money from them and just hoarding it.
0:37.0	But just as you were spending 5% of their assets each year on something religious education or charitable, then how big would EPA be today?
0:49.2	It wouldn't be 101 billion, right?
0:51.8	It would be about 30 something, 34, 35 billion. It would be about 30 something 34, 35 billion. So that delta is
0:56.6	66 billion. That's the amount of money that implicitly, I mean there's no formal contract
1:03.2	between EPA and the American public,
1:05.2	but that was the implicit understanding
1:07.8	is the amount of value that would be put into society
1:11.9	that didn't go into society and $66 billion that's a lot of public trust
1:16.6	that I think was violated and the public should know that and the church members
1:20.8	should know that that trust was violated of the public and they needed to come up with an opinion as to whether that kind of behavior is
1:30.8	representative of what the Lord's Church would do if you were here in person. Welcome back to Infants on Thrones. I'm Glenn Ostland and today Tom Perry and myself sit down with Lars Nielsen who put
1:57.9	together a letter for the IRS director focusing on the EPA, which is a 501c3 extension of the Mormon Church.
2:09.0	It's where I think the number he gave was 124 billion dollars worth of tithing reserves restored
2:16.0	and he's got a story to tell about it so we're going to listen to Lars story today
2:20.6	that's your episode of Infants on Thrones enjoy.
	...

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