The Utah League of Credit Unions is running this 60-second radio spot in response to a proposal to apply the state's franchise tax to large credit unions. The Summit Group, Salt Lake City, is the agency.
ANNCR: Banks don't like credit unions, because they don't like competition. So they want you to believe that Credit Unions are tax-exempt and don't pay their fair share of taxes. The truth is, as non-profit, member-owned cooperatives, credit unions pay all the same state taxes banks pay, except for one. Now, House Speaker Marty Stephens, and also a banker, has announced a bill …
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