Tag Archives: credit unions

Morning Consult: Majority of Voters Support Taxing Credit Unions

American voters overwhelmingly are unaware that credit unions pay no federal income taxes, and when told about it, more than half would support a tax reform plan that eliminates the credit union tax exemption to limit deficit increases, according to a survey conducted by Morning Consult for the American Bankers Association.

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Utah Op-Ed Calls for End to Tax Exemption for Large Credit Unions

As lawmakers work to overhaul the U.S. tax code for the first time in more than three decades, an op-ed posted on Utah Policy Daily this week called on Senate Finance Committee Chairman Orrin Hatch (R-Utah) to more closely examine the tax exemption granted to the nation’s largest credit unions.

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Consumer Choice Center Calls for End to CU Tax Exemption

In an op-ed in the Charlotte Observer last week, Yael Ossowski, deputy director of the Consumer Choice Center -- a D.C.-area consumer advocacy group -- called on the Trump administration and Congress to take steps to eliminate the credit union tax exemption as part of the broader plan to reform the U.S. tax code.

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