Talk of The Villages Florida - View Single Post - Why no credit unions in financial center
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Old 01-15-2013, 03:40 PM
ROCKETMAN ROCKETMAN is offline
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Quote:
Originally Posted by StarbuckSammy View Post
Credit unions should be made to pay federal income taxes.
Credit unions return their profits to their owners/members. they have unpaid board members and especially when credit unions are company sponsored, when slowdowns or strikes occur, they reduce loan payments for their members. banks have spent a lot of money on lobbyist trying to get congress to pass a law to tax credit unions but it goes no place because credit union members are loyal and let their politicians know.