Top Tweets for #ItsTime2Pay
Sen Finance Chair @OrrinHatch wrote ltr to NCUA saying requirements that credit union members share "common bond" have been "significantly watered down...in recent decades." He requests info by 4/6/18 on how NCUA verifies "meaningful affinity and bond" among members. #ItsTime2Pay
The Joint Cmte on Taxation estimates in 2018 the tax expenditure for credit unions will cost $2.9B in terms of lost income tax revenue. Annual cost projected to rise to $3.2B by 2020, making the 5-year cost from 2016-2020 = $14.4B. #ItsTime2Pay @OWHnews https://t.co/D01EbDVZXF
“At a time when Congress is asking everyone from teachers to homeowners to give up tax breaks in the name of lowering rates, why is the trillion-dollar credit-union industry still getting a free ride?” -@kenburgess55 @ABABankers #ItsTime2Pay https://t.co/kfXyNJ9kmv
Not only voters, I’ll bet there are numerous federal legislators that would answer survey the same way! #fairshare #itstime2pay https://t.co/iTxQ04Rq5E
JUST IN: @MorningConsult survey shows 85% of voters either don't know or mistakenly believe credit unions pay federal taxes https://t.co/3nrWlSZw86 #fairshare
No valid reason CUs should continue to be subsidized by taxpayers. Congress should end this. #taxreform #itstime2pay https://t.co/HEYqEc7NrG
Well researched, well written. Ending this subsidization by taxpayers important part of real tax reform. #itstime2pay https://t.co/VNLJxzf8WU
Why should banks pay taxes while credit unions get a break? https://t.co/yADS4rcyGu #taxreform
#itstime2pay https://t.co/YTVKonDOUI
Mind boggling Congress would consider ending 401k deductions yet willing to preserve credit unions tax free subsidy. #itstime2pay https://t.co/tShfzJ6DIK
Republicans Should Kill This Bad Tax Reform Idea https://t.co/DqtWGBWKwy via @baseballcrank
@cajunbanker Re: CUs - maybe to have a seat at "the table" you have to contribute, i.e., pay your share in income taxes? Just a thought. #itstime2pay
That's Billion with a "B" for banks and Zero with a $0 for Credit Unions. #itstime2pay
Really hard to be cooperative when they start with a 34% advantage, and their Fed regulator is but a cheerleader. #itstime2pay https://t.co/Ggtfcw5Y4R
Similarities of credits unions w/ community banks highlight need 4 coop but also problem w/ tax policy #itstimetopay https://t.co/oESnwj152U
How ironic: CUNA CEO on @CNBC opining on fed budget, when his industry doesn't pay any income taxes. #ItsTime2Pay
Stinks! What do #WASPI #50sWAG think? #Equality ? #Justice ? #PayOurSP #NoLetterNoNoticeNoPension #ItsTime2Pay #WePaidInNowPayOut : ) https://t.co/JjSr9ibmeL
When Farage leaves EU gets a golden goodbye payment of £157,000. At 63 he receives a £55,000 EU pension with additional top up of £41,000 pa
Great piece in @AmerBanker today by @floridabankers CEO A. Sanchez on need for new admin & Congress to close CU tax loophole. #ItsTime2Pay !
CUs enjoy a 100% income tax exemption with no accountability. Why no UBIT on income earned outside their tax exempt mission? #ItsTime2Pay https://t.co/5c9jiLDTMW
A U.S. family pays $14,057 in federal income taxes. The $1 trillion credit union industry pays $0. #itstime2pay
White House Estimates Credit Union Tax Exemption at $27 BILLION Over Decade https://t.co/4TU7zmkqSa #itstime2pay
White House Estimates Credit Union Tax Exemption at $27 BILLION Over Decade https://t.co/6vQqeFGyCi #itstime2pay
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