TAKE ACTION NOW! Don't tax my Credit Union!
Don't Tax My Credit Union, TAKE ACTION NOW! Your Credit Union Tax-Exempt Status Could Be In Jeopardy! This affects you and your Credit Union!
TAKE ACTION NOW! Your Credit Union Tax-Exempt Status Could Be In Jeopardy!
Contact your representatives in Washington and tell them “Don’t Tax My Credit Union!”.
On June 13th, the Senate Finance Committee released its “tax options” paper on exempt organizations and charitable giving. In the paper, which is part of a larger discussion on comprehensive tax reform, the Committee listed a number of possible scenarios for consideration including disallowing the tax-exempt status for certain organizations engaged in business activities, such as credit unions and other not for profit organizations. This should be of concern to all of us.
The fact that removing the credit union tax exemption is now listed in a paper raises the tax threat to a new level. Because of this, we cannot be silent on this issue, and need to be sure we are heard from in large numbers stating simply, “Don’t Tax My Credit Union!” If we fail to weigh in on this issue, we risk getting lost in the discussions, and leave the impression that our tax exemption is not as important as we have stated for many years.
As a result of these developments, we are now asking you, as well as all credit union staff and volunteers to contact both Senator Collins and Senator King to let them know that you are aware of these discussions and, most importantly, make it clear that protecting the credit union tax exemption is our number one priority. You can contact your representatives via email, phone or mail.
Please go to www.DontTaxMyCreditUnion.org and Take Action Now or call 1-877-642-4223 to be patched directly to the office of your Senator or Representative. Tell them, “Don’t Tax My Credit Union!”
By Mail:Senator Susan Collins 413 Dirksen Senate Office Building Washington, D.C. 20510
Senator Angus King 188 Russell Senate Office Building Washington, D.C. 20510
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