Here's one in my old stomping grounds, the Coral Ridge Presbyterian Church.
Sixteen million in assessed value off of the tax rolls, for the organization that brought us the "Reclaiming America for Christ" political conference.
Their school is good for another 14 mill off the books: http://bcpa.net/RecI...io=494212170010
That's about 600K per year, all up, that they save. I'm sure that the owners of the hotel next door would love to be able to save the 150K per year they pay for their business property. http://bcpa.net/RecI...io=494212000551
The budget remains the same, so everyone else's taxes go up via higher millage, to cover that exemption.
That is the counter to the little Episcopal church in Jim Thorpe which I described. I am ok with taxing churches, just pointing out that the taxes fall on all of them alike, and the fallout will be more than the Pope having to cut back on his shoe purchases or hold off on the pope mobile trade up. There are going to be institutions that have longstanding ties to communities which will go away, and the only way to avoid that would be to show the very type of favoritism which is forbidden by the 1A.