Who We Are
The Council for Sound Tax Policy is a nonprofit organization under the Internal Revenue Code, which has been formed to research, inform policy discussions, and advocate for meaningful tax reforms that protect taxpayers.
Our Mission:
The Council for Sound Tax Policy is dedicated to the promotion of tax policies that adhere to the principles of simplicity, transparency, stability and economic liberty. The Council’s focus is to encourage policies that improve economic growth while facilitating sound Federal and State tax policy.
Our Mission:
The Council for Sound Tax Policy is dedicated to the promotion of tax policies that adhere to the principles of simplicity, transparency, stability and economic liberty. The Council’s focus is to encourage policies that improve economic growth while facilitating sound Federal and State tax policy.
Credit Union Tax Exemption costs American taxpayers $22 Billion
Credit Union Times The Trump Administration’s estimate of the ten-year cost of the credit union tax exemption continues to fall, with the Treasury Department now estimating the cost at $21.878 billion between 2020 and 2029. The Trump Administration’s estimates of the...
Nonpartisan Tax Foundation: Repealing the Federal Tax Exemption for Credit Unions
Tax Foundation Key Findings Under current law, the tax code exempts credit unions from paying corporate income taxes. The Joint Committee on Taxation estimates the exemption will reduce federal revenue by $1.9 billion in 2019. Historically, the exemption was justified...
Independent Community Bankers launches ‘Wake Up’ campaign in ongoing fight against credit unions
Source: https://www.bankingdive.com/news/icba-launches-wake-up-campaign-credit-unions-fight/565564/?fbclid=IwAR1Z0zFPrgwv6k9Y9FbzISkxiLTpbxpMbpWianSNKc6M6IDxbMLfvWgNMaA Brief: The Independent Community Bankers of America (ICBA) launched a campaign on Monday aimed at...
Credit Union Tax Exemption costs American taxpayers $22 Billion
Credit Union Times The Trump Administration’s estimate of the ten-year cost of the credit union tax exemption continues to fall, with the Treasury Department now estimating the cost at $21.878 billion between 2020 and 2029. The Trump Administration’s estimates of the...
Nonpartisan Tax Foundation: Repealing the Federal Tax Exemption for Credit Unions
Tax Foundation Key Findings Under current law, the tax code exempts credit unions from paying corporate income taxes. The Joint Committee on Taxation estimates the exemption will reduce federal revenue by $1.9 billion in 2019. Historically, the exemption was justified...
Independent Community Bankers launches ‘Wake Up’ campaign in ongoing fight against credit unions
Source: https://www.bankingdive.com/news/icba-launches-wake-up-campaign-credit-unions-fight/565564/?fbclid=IwAR1Z0zFPrgwv6k9Y9FbzISkxiLTpbxpMbpWianSNKc6M6IDxbMLfvWgNMaA Brief: The Independent Community Bankers of America (ICBA) launched a campaign on Monday aimed at...
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