NAFCU Rebuts Bankers Claims in Article on CU Tax Exemption
NAFCU President/CEO Dan Berger sets the records straight regarding an article promoting the elimination of the CU tax exemption that appeared in the American Bankers Association’s publication, The Hill, on June 23rd. Berger cites an independent tax study that found that repeal of the tax exemption would result in Americans losing an estimated $17 billion in economic benefits and costing the federal government about $15 billion in lost tax revenue. [6/25/14]
