Congressional Republicans may attempt to use a budget shortcut to enact comprehensive tax reform, leaving credit unions to mount a vigorous defense of their tax exemption early this Congress, credit union trade group officials are warning.
"We certainly have a target on our backs from the banking community," Rich Meade, chief of staff/COO at CUNA, said during a conference call with credit unions and reporters. "We're somewhat vulnerable."
"Anytime you talk about tax reform, everything may be on the table," said Brad Thaler, NAFCU's vice president for legislative affairs.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
