The Impact of Credit Unions on Texas

Texas credit unions’ free ride on federal income taxes doesn’t make sense anymore, and their once-justified special treatment comes at a cost to the American people.

Credit unions deprive the U.S. Treasury of $2.6 billion a year, while taxpayers in every state pick up the slack.

Key Statistics

$14,619

Federal Income Taxes Paid Annually by an Average Texas Resident Making $67,444/Year

$0

Federal Income Taxes Paid by Credit Unions

Recent News and Insights

Tell Congress: It’s time to reform credit unions.