9 Years ago, one of my good buds who was still practicing Mormonism, posted this to FB and I still can't wrap my head around how the hell he honestly thought this was true.
For starters, the mormon church doesn't house or assist directly with housing over a million people like the US government does. (I couldn't find accurate stats to use, so I used an educated guess.)
You're only considering federal income tax. There's also state income tax, sales tax, property tax, social security, and other state taxes. It's nearly 50% in many cases.