HOBOKEN, N.J. — The battle of credit unions against taxes isn't just today's news. Five years ago the rallying of Iowa CUs against a bill to raise taxes made headlines.
More than 1,000 credit union members from across the state of Iowa gathered at the state capitol in protest of the tax increase bills, HF 388 and SF 242. Despite the fact that the rally drew attention and sent a strong message to legislators, both bills were moved forward.
Meanwhile, in New Mexico two banker-backed tax bills were shelved by legislators, making front-page news alongside the Iowa rally.
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