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Michigan Credit Union League Home » Information Services » Publications » News Articles  

Join Thank You Thursday to Show Gratitude to Camp, Levin for Tax Plan   (Misc News: March 17, 2014)


@Rep SandyLevin

You took part in Don’t Tax My Credit Union Tuesday and supporters in Congress responded with a draft tax plan that leaves the federal credit union tax exemption intact.

Now it’s time to thank critical members of Congress for their support.

CUNA is calling for Thank You Thursday, but instead of sending out general tweets in support of credit unions and the tax exemption, CUNA is asking tweeters to thank Reps. Dave Camp and Sandy Levin, chairman and ranking member of the House Ways and Means Committee respectively, for their support. Ways and Means is the chief tax-writing committee in the U.S. House.

This is particularly critical for Michigan credit union supporters because Camp, R-Midland, and Levin, D-Royal Oak, represent Michigan.

“Credit unions scored a major victory when Rep. Camp and Rep. Levin left our tax exemption intact in the draft tax reform proposal,” MCUL & Affiliates CEO David Adams said. “As they did when we were lobbying to protect the exemption, we need social media users to thank Camp and Levin for their support.

“But don't limit it to social media. Send a hand written note or a personal email or call their office, or do all of the above, especially with Chairman Camp,” Adams said.

Last month, while credit union supporters were in Washington for the CUNA GAC, Camp released the draft of his tax reform plan, which had been in the works for months.

Not surprisingly, banks were critical of the effort, with the heads of the American Bankers Association and Independent Community Bankers of America sending a joint letter to Camp asking him to tax credit unions. Click here to read the letter.

On Thursday, CUNA’s Tweet Congress link at will populate tweets including the twitter handles for Camp and Levin. A third twitter handle will rotate through names of other House Ways and Means members. CUNA said in a letter to leagues that its strategy for Thank You Thursday is to tweet the Ways and Means Committee rather than individual members of Congress.

Twitter users can continue to use the #DontTaxMyCU hashtag in Thank You Thursday tweets. Tweet Camp @RepDaveCamp and Levin @RepSandyLevin. You can also visit Camp's Facebook page and Levin's Facebook page.

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