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re: Two Louisiana Credit Unions propose $1 billion merger
Posted on 12/12/23 at 6:16 pm to Canal Al
Posted on 12/12/23 at 6:16 pm to Canal Al
Small credit unions good. Large ones are tax exempt monsters making insane amounts of money with insane lobbying power trying to do what banks do and paying none of the taxes. Imagine all those billions coming back to the state.
1
Posted on 12/13/23 at 11:33 am to BorrisMart
Taxing credit unions wouldn’t be a drop in the bucket to state or federal receipts. It would just give the bank lobby one less thing to use to deflect from their own issues. I agree that Navy, PenFed, etc are very much a bank; other than the ownership structure.
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